Branded is a weekly column devoted to the intersection of marketing, business, design, and culture. Gold is a hot commodity lately. Spot prices hit a peak this week, attributed to geopolitical jitters and uncertainty about a potential Fed rate cut. Those are traditional inspirations for a gold rush, but these days potential goldbugs have a venue other than the usual markets: Costco. The discount club chain has seen its share price jump 46% over the past year on rising sales and...

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