Texas Precious Metals announced on 26 August 2026 that its New York facility has been approved as a licensed depository for the COMEX division of CME Group. The company states that the approval authorises the facility to store and process gold — including enhanced delivery — together with silver, platinum and palladium eligible for delivery against COMEX and NYMEX contracts.
Delivery against those contracts runs through warrants issued by approved depositories. A warrant is a document of title covering metal at one facility, and it may cover approved brands that are co-mingled there; what the holder holds is the warrant, not a bar identified by serial number. A bar becomes warrantable only if it carries an approved refiner brand and stamped fineness, is entered on the facility’s weight list, and reaches the depository through an exchange-approved carrier, so that the chain of integrity holds from producer to vault. The enhanced-delivery contract admits 400 oz bars alongside 100 oz and 1 kg — the LBMA Good Delivery format produced by Heraeus, Argor-Heraeus and other accredited refiners. Bullion held outside an approved depository is not warranted metal: taking it into exchange delivery means shipping it to New York, presenting it to an approved facility and passing weighing and assay there. Storage at an approved depository is charged at rates the facility files with the exchange, which publishes them as maximum amounts.
The approval covers one storage facility, and the scope above is the operator’s own description of it. It does not change contract terms, brand eligibility or delivery rules, and it says nothing about supply or about the terms of any purchase.
Storage and vault placement for physical bullion: Gold Storage.