Texas Precious Metals granted CME Registered Depository status for Gold, Silver, Platinum, and Palladium at NY Facility

Texas Precious Metals, one of the nation's largest vertically integrated precious metals companies, today announced that its New York facility has been approved as a licensed depository for the COMEX division of CME Group. The approval authorizes the facility to store and process physical metal—gold (including enhanced delivery), silver, platinum, and palladium—that is eligible for delivery against COMEX and NYMEX contracts.

The designation places Texas Precious Metals among 12 exchange-approved depositories responsible for the safekeeping, weighing, and delivery of precious metals.

The New York depository broadens the Texas Precious Metals storage footprint and reinforces the company's ability to serve institutional traders, banks, refiners, and bullion dealers seeking secure, regulated storage and direct access to the exchange.

"Our approval as a CME-approved depository is an important development in our growing capital markets footprint,” said Tarek Saab, Co-founder and CEO of Texas Precious Metals. "In addition to supporting banks and institutions, our CME-approved depository will also serve as one of two storage locations for the Y’all Street Gold ETF (YSAU) and Y’all Street Silver ETF (YSAG), the only two precious metals ETFs exclusively domiciled in the United States.”

The New York facility complements the company's existing storage footprint in Texas by providing a strategic location within one of the world's most active precious metals trading hubs. As a CME registered depository, the facility is authorized to receive, store, and facilitate the delivery of eligible metals in accordance with exchange requirements.

“We are proud to offer our partners another trusted location backed by the operational excellence they have come to expect from Texas Precious Metals," said Saab.

Media Contact: Keith Kieschnick Chief of Staff Texas Precious Metals 361-594-3624 | [email protected]

ABOUT TEXAS PRECIOUS METALS

Texas Precious Metals is one of the nation's largest precious metals companies. Founded in 2011 and headquartered in Shiner, Texas, the company serves retail, wholesale, and institutional clients through its online platform at texmetals.com and its world-class depository, the Texas Precious Metals Depository—the largest precious metals depository in Texas, featuring SOC 2 certification and direct law-enforcement monitoring. Discover exclusive, in-house bullion at the Texas Mint, including our licensed UFC, PRCA, and Texas A&M collections. For broader market commentary and interviews with financial leaders, visit Y'all Street. Texas Precious Metals is a member of the London Bullion Market Association (LBMA).