October 17, 2025

Dallas Sees Gold Prices Soar to New Heights

News Summary

Gold prices in Dallas have skyrocketed, reaching a remarkable $4,269.10. This surge is the largest seen in decades and has local businesses buzzing with activity. As experts predict prices could hit $5,000 by 2026, many investors are eager to participate in the gold market. Factors driving this trend include global debts and inflation. Additionally, Texas is set to embrace gold and silver as legal tender, marking a significant change in its economy. With potential risks and rewards, the gold investment landscape is heating up.

Texas has reached a record high in gold prices, which surged to $4,269.10 per ounce as of Thursday. This significant increase, marking the largest hike seen in decades, has prompted a wave of investment activity in the precious metals market.

Priority Gold, a precious metals dealer that began operations 25 years ago in Beverly Hills, California, has reported a notable uptick in business following the price surge. With an office opened in Dallas five years ago, the company is well-positioned to cater to the rising demands of Texas investors. The recent price milestone has resulted in numerous inquiries from individuals seeking to invest in gold.

Finance experts and market analysts are predicting continued elevation in gold prices, with Bank of America projecting that gold could reach $5,000 an ounce by the beginning of 2026. This increase echoes the historical context of gold prices, which were approximately $250 per ounce in 1980—equivalent to about $3,000 when adjusted for inflation today. These past comparisons highlight the substantial growth and volatility of gold as an investment asset.

Factors Influencing Gold Prices

Several factors are driving the current surge in gold prices. Don Shelly, a finance professor at Southern Methodist University, notes global government debts, geopolitical instability in the Middle East, and rising U.S. inflation and tariffs as key contributors. The global economic climate is creating uncertainty, leading many investors to seek the stability traditionally associated with gold investments.

This influx of interest in gold has also reflected in the increase of investments in gold exchange-traded funds (ETFs). It is estimated that $40-50 million has been invested in these ETFs this year alone. Retail buying of gold has surged as well, fueled by rising concerns over inflation and the potential for devaluation of government currencies.

Investment Considerations

Despite the appealing nature of gold as an investment at this time, experts advise caution. Potential investors are urged to consult financial advisors before committing to gold investments. There is a risk of a price correction that could be as drastic as 15-20%, as highlighted by market volatility over the years. Understanding these risks, along with the broader economic implications, is essential for anyone looking to enter the gold market.

Legislative Updates in Texas

In addition to the surging gold prices, Texas has made headlines with the enactment of House Bill 1056. This new law authorizes the use of gold and silver as legal tender for transactions, positioning Texas among a handful of states advancing towards a precious metals currency system. The legislation, signed by Governor Greg Abbott, is part of a broader trend to explore alternative economic frameworks.

The Texas Bullion Depository is set to facilitate transactions using gold and silver, with operations expected to commence in September 2026 and achieve full capacity by May 1, 2027. However, there are concerns regarding possible constitutional challenges that could arise from the new legal framework around gold and silver currency.

Community Preparedness Initiatives

In related news, TEEX hosted its monthly cybersecurity management course aimed at helping communities prepare for potential cyber-attacks. The program includes simulations and lectures focused on responding to cyber threats that affect critical infrastructures. With 36 participants from across the United States attending the program monthly, funded by the Department of Homeland Security and FEMA, this course emphasizes the importance of proactive community preparedness in the digital age.

Overall, the surge in gold prices coupled with new regulations in Texas reflects shifting investment landscapes and increasing interest in precious metals. Investors are advised to stay informed on market trends and legislative developments to navigate this evolving financial environment effectively.

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Author: STAFF HERE COLLEGE WRITER

The COLLEGE STATION STAFF WRITER represents the experienced team at HERECollegeStation.com, your go-to source for actionable local news and information in College Station, Brazos County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Brazos Valley Fair & Rodeo, Chilifest, and Aggie Muster. Our coverage extends to key organizations like the Bryan-College Station Chamber of Commerce and United Way of the Brazos Valley, plus leading businesses in education, biotechnology, and retail that power the local economy such as Texas A&M University, Fujifilm Diosynth Biotechnologies, and H-E-B. As part of the broader HERE network, including HEREAustinTX.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.

STAFF HERE COLLEGE WRITER

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