Ken Ivory, a Utah state legislator, recently addressed the state’s approach to gold transactions and investment opportunities in a series of posts on his social media account.
On March 22, 2026, Ivory explained the rationale behind Utah’s passage of HB195, known as the Transactional Gold bill. He wrote: “Why did #Utah pass HB195 Transactional Gold bill? To eliminate the friction associated with custody, security, transparency of premium and fees, and instant, and foster fractional ease of use for state payments to our vendors and service providers that understand the dollar is” (March 22, 2026).
Shortly after, Ivory commented on personal investment strategies regarding precious metals. He stated: “Yikes I personally wouldn’t think about selling gold/silver here, but consider all dips to be buying opportunities…” (March 22, 2026).
Later that day, he posted a brief message inviting further engagement from his audience: “Any questions??” (March 22, 2026).
HB195 is part of Utah’s ongoing legislative efforts to streamline financial transactions involving precious metals. The bill aims to reduce barriers such as custodial challenges and transaction fees while enabling more flexible payment options for state-related expenditures.
