Gold $3,369.40  -19.60    Silver $36.78  -0.37    Platinum $1,327.50  +56.50  
Gold             Silver             Platinum             In Stock Items             What We Buy             Contact
 
STATES MAKING GOLD AND SILVER MONEY AGAIN!!
Several states have enacted legislation that acknowledges gold and silver as legal tender or have removed sales taxes on these precious metals: Florida : Has the most comprehensive legislation, allowing electronically transacted gold and silver as legal tender alongside the dollar starting in 2026. Utah: Was the first state to pass the Utah Legal Tender Act in 2011. Wyoming : In 2018, established a law to eliminate the taxation of gold and silver bullion, effectively treating them as tender free from sales tax. Oklahoma: Recognizes gold and silver U.S.-minted coins as legal tender and exempts them from taxation through Senate Bill 862. Louisiana: Reaffirmed gold and silver as legal tender in 2024. Other States: Arizona, Kansas, South Carolina, and Texas have also recognized gold and silver as legal tender. States with Bills Recognizing Gold and Silver as Legal Tender:Missouri: A bill for an income tax deduction for capital gains from the exchange of gold and silver is currently being considered. Indiana: Introduced Senate Bill 99 to declare US-minted gold and silver coins as legal tender and tax-exempt. Tennessee: Is waiting for the outcome of Senate Bill 0350 which calls for the sales tax exemption of gold and silver coins. States with Goldbacks: Utah, Nevada, New Hampshire, Wyoming, South Dakota, and Florida: Have Goldbacks, which are a form of voluntary local currency with intricate designs crafted from 24-karat gold. Oklahoma and Arizona: Are working to introduce Goldback series.
U.S. BANKS CALLING FOR HIGHER GOLD AND SILVER PRICES!!
Several U.S. banks and financial institutions are forecasting higher prices for gold and silver, particularly for 2025 and beyond. Bank of America: Has the most aggressive stance, calling for $4,000 gold and $40 silver by late 2025 or early 2026, citing factors like structural de-dollarization and reserve diversification. J.P. Morgan: Predicts gold prices to reach $3,675/oz by the end of 2025 and exceed $4,000/oz by Q2 2026. They also forecast silver prices to rise towards $39/oz by the end of 2025. J.P. Morgan, Goldman Sachs, and Citi Bank among others are also calling for both Gold and Silver to rise in price. Strong Central Bank Purchases : Central banks, particularly in emerging markets, are consistently buying large quantities of gold, adding over 1,200 tonnes to their reserves in 2024 alone. This trend is expected to continue. Increased Geopolitical Tensions and Economic Uncertainty : Gold and silver are seen as safe-haven assets during times of global instability, recession fears, and policy uncertainty. Silver's Dual Role: Silver benefits from both monetary appeal and its crucial role in industrial production, particularly in growing sectors like solar and battery technology. De-dollarization: Some experts see gold as a hedge against a potential decline in the U.S. dollar's reserve status. Inflation Concerns: Concerns about persistent inflation pressures and fiscal sustainability in major economies create a favorable macroeconomic environment for precious metals.
BRICK NATIONS BUYING RECORD AMOUNTS OF GOLD!!
The gold price has continued reaching record highs throughout consecutive weeks, and experts see a clear connection to the massive gold purchases from the BRICS nations. China, in particular, has acquired over 2,800 tons of gold in the last two years, and other BRICS countries have also significantly increased their gold reserves. Gold is being heavily purchased around the world to diversify from the U.S.dollar.
SILVER HITS HIGHEST PRICE IN 13 YEARS!!
Silver briefly reached $37 per ounce this June 2025. It had previously seen levels around $37 in February of 2012. Prior to that, in April of 2011, silver's price rose to a high of $48.70. June 2025: Silver is reaching its highest level in over 13 years due to industrial demand and supply deficit. With the recent physical shortages at the London Bullion Market Association (LBMA) expect the price to continue it's upward trend. We here at CR Gold and Silver are seeing record amounts of silver sales!
 
 
Why C R Gold & Silver        Payment Options        Product Testing        Federal Reporting        Glossary        Contact
Yelp Reviews
Google Reviews
7511 Boulevard 26, North Richland Hills, TX 76180  (817) 485-2646