New York Mercantile Exchange, Inc. (NYMEX) and Commodity Exchange, Inc. (COMEX) have approved the application of Texas Precious Metals, LLC to become an Approved Depository for gold, gold (enhanced delivery), silver, platinum, and palladium at their location in Hempstead, NY.

This approval is effective immediately.

The status for Texas Precious Metals, LLC’s application as a Collateral Custodian for COMEX Gold Warrants as performance bond is currently pending.