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To be saleable on most international markets, platinum ingots must be assayed and hallmarked in a manner similar to the way gold and silver are. [4] [5] The price of platinum changes along with its supply and demand; during periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold ...
The University of Texas Investment Management Company (UTIMCO) has gold bullion stored in New York, worth $647 million. [20] According to Lois Kolkhorst, HSBC Bank in New York City charges Texas a fee to store each individual bar of gold. [21] HB 483 does not require UTIMCO to move the $647 million in precious metals back to Texas.
Texas Precious Metals, based in Shiner, Texas, is one of the largest precious metals dealers in the United States. [3] [4] The company reported annual revenues of $180.1 million in 2013 [1] and $153.2 million in 2014. [2] The company is recognized as a market maker for United States Mint products and is an official distributor for the Perth ...
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In March 2017, Juan P. Granda a former employee of NTR Metals, Miami was charged with buying gold from illegal mines in Peru. [1] In January 2018; Samer H. Barrage, Renato J. Rodriguez, and Juan P. Granda; three former employees of the now-defunct Florida-based NTR Metals Miami, were jailed for six years after they pleaded guilty to money ...