Monthly Archives: June 2018

Texas just opened the nation’s first state-run gold depository. Here’s what that means.

Texans can now store their precious metals in a publicly backed secure vault close to home, as the United States’ first state-run gold depository opens for business in Austin. A 23,000-square-foot building — operated by the private storage company Lone Star Tangible Assets — will serve as Texas’ precious metals depository until 2019, when Lone Star […]

Gold Prices Edge Higher on Dollar Weakness

Bullion Gold prices rose Tuesday on a weaker dollar despite upbeat U.S. economic data suggesting inflationary pressures were building, raising the prospect of further rate hikes. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange rose by $5.50 or 0.42%, to $1,302.90 a troy ounce. ISM non-manufacturing data for […]