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LSTA, a Texas-based company that also owns precious metals dealers U.S. Gold Bureau and WholesaleCoinsDirect.com, operates a highest-rated, Class 3 vault that serves as the depository’s initial location. Planning for a permanent home for the Texas Bullion Depository began in 2018, at a site in Leander, Texas that should be completed in 2019.
Gold has been one of the best-performing assets this year.The price of the yellow metal has soared 27% year to date to about $2,600 an ounce. Prices hit a fresh record high of $2,694 an ounce on ...
The company maintained a business-to-business model serving the wholesale market, selling gold and silver bullion exclusively to coin shops and precious metals retailers. [7] In 2015, Inc. (magazine) recognized Texas Precious Metals as a member of the Inc. 500. Texas Precious Metals, the largest subsidiary of Kaspar Texas Traditions comprising ...
Gold attracts various forms of fraudulent activity. Some of the most common are: Cash for gold – With the rise in the value of gold due to the financial crisis of 2007–2010, there has been a surge in companies that will buy personal gold in exchange for cash, or sell investments in gold bullion and coins.
These stores not only buy gold for its metal value but also consider its numismatic value. Some of the most sought-after items include pre-1933 US gold coins, rare coins and bullion coins with ...
With the spot price of gold at $2,018 in mid-December, its gold ingots cost about 3 percent more than the fair, market-determined value of gold. But late last year this spread had been as much as ...
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