Costco gold bars are typically much smaller than standard-size gold bars.
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- Gold prices are soaring ahead of an anticipated interest rate cut.
- A standard-size gold bar is now worth $1 million, per reports
- But Costco gold bars are much smaller than standard-size gold bars.
A standard gold bar is now worth $1 million after weeks of soaring prices catapulted the precious metal to a record-breaking $2,500 an ounce earlier this week, Business Insider previously reported.