Texas Bullion

Texas Bullion (trading as Texas Bullion Depository) is a state-administered precious metals depository based in the United States. Established on March 19, 2019, it operates as a division of the Texas Comptroller of Public Accounts, making it the first and only state-administered depository in the nation. The depository is designed to provide secure storage for physical gold, silver, and other precious metals for individuals, businesses, and IRA accounts.

Unlike traditional forex brokers, Texas Bullion does not offer leveraged trading, currency pairs, CFDs, or any financial market speculation. Its core service is the vault storage of tangible precious metals, supported by state oversight. The depository is located in Texas and serves clients across the United States and internationally.

Texas Bullion is not regulated by any financial authority for forex or CFD trading, as it does not provide such services. Instead, it operates under the oversight of the Texas Comptroller of Public Accounts, a state government agency. The depository's operations are conducted by a private contractor, Lone Star Tangible Assets LP, but the Comptroller's office ensures transparency and accountability through audits and supervision.

This structure provides a layer of governmental oversight uncommon in the precious metals storage industry. However, clients should be aware that the depository is not a bank and holdings are not insured by the FDIC or similar deposit insurance schemes. The depository acknowledges that the markets for physical precious metals are generally unregulated.

Texas Bullion offers several account types to accommodate different storage needs. Personal Accounts are designed for individuals storing their own precious metals, while Joint Accounts allow two individuals to share ownership, similar to a joint bank account. Business Accounts are available for companies wishing to store corporate precious metal assets.

In addition to standard storage, the depository supports IRA accounts, enabling clients to hold precious metals within a self-directed retirement account. The facility provides segregated storage, meaning each client's metals are individually identified and not commingled. Fees are based on a flat-rate annual percentage of the account's average daily value, billed quarterly.

Beyond storage, Texas Bullion issues its own State of Texas precious metal products, including gold and silver coins. In 2025, it released inaugural commemorative coins celebrating Texas history and culture. These are available for purchase by collectors and investors.

The depository also highlights that acquiring and storing precious metals in Texas may avoid sales tax, offering a potential advantage for Texas residents. The official website provides a fee schedule effective as of April 1, 2026, with rates for non-IRA accounts starting at 0.49% annually for values up to $499,999.99.

Texas Bullion is aimed at individuals and entities seeking a secure, government-backed facility for storing physical precious metals. This includes long-term investors, collectors, and those diversifying assets outside traditional financial systems. The depository caters to both U.S. residents and international clients.

It is not designed for short-term traders or those looking for leveraged forex or CFD exposure. The depository's services are centered on custody and safekeeping, with no provision for trading platforms, margin accounts, or market speculation.