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Is Texas accepting gold, silver as payment from September 1? Here's what you need to know - The Times of India

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DW NOTE

Texas is establishing a state-level gold repository and allowing citizens to pay taxes in bullion starting September 1. The state already holds $650 million in gold bars; this extends the logic to transactions. It's not a monetary revolution — property taxes still require dollar conversion — but it does codify metal as a payment rail at the state level, which matters when gold is trading 17% below its January peak while oil climbs on a six-month supply drawdown.

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Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

Is Texas accepting gold, silver as payment from September 1? Here's what you need to know - The Times of India

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