Costco is reportedly selling new precious metal

Costco has reportedly started selling a new precious metal.

The warehouse retailer's website lists a 1-ounce PAMP Suisse Lady Fortuna Veriscan platinum bar as a product, Fortune reported Wednesday.

It is reportedly the newest precious metal that Costco has offered, following gold bars and silver coins.

A Costco store in Bayonne, New Jersey, USA, on Saturday, December 9, 2023. (Angus Mordant/Bloomberg via Getty Images / Getty Images)

FOX Business has reached out to Costco for comment on the platinum bars.

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The product listing states that platinum bars are limited to one transaction and five units for Costco members.

Customers cannot return the bars after purchase. Delivery to the states of Nevada and Louisiana is not possible, Fortune reported.

According to the outlet, Costco charges $1,089.99 for each platinum bar.

The retailer's website had reviews of the precious metal product going back two months.

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Costco members have historically rushed to get their hands on the retailer's gold and silver bars.

In September last year, then-Chief Financial Officer Richard Galanti told analysts and investors that the retailer's gold bars disappeared “typically within a few hours” of being posted on Costco's website.

The Costco logo displayed on a laptop screen and a small shopping cart are seen in this illustration photo taken in Krakow, Poland, February 22, 2024. (Jakub Porzycki/NurPhoto via Getty Images / Getty Images)

The retailer has also credited the gold and silver bars with helping to boost its online sales in recent quarters.

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Costco said its e-commerce “offers a broader selection of merchandise that complements our inventory.” In general, the store range includes around 4,000 items.

The retailer had 136.8 million Costco cardholders at the end of the fourth quarter who were members of its network of 891 locations around the world.