Investors cashing in on gold's run face higher capital gains taxes: What to know

Impact · against what's priced in

The record price of gold provides a bullish backdrop for physical gold ETFs, but the reminder of the 28% 'collectibles' tax rate for high-net-worth investors introduces a potential headwind for net returns. This tax burden may trigger profit-taking among taxable account holders, offsetting some of the momentum from gold's 50% year-to-date rally.

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In context

While the 50% year-to-date return and $4,100 price level are strongly positive, the 28% collectibles tax rate for high-bracket investors creates a drag on after-tax performance.

Read from the article alone

• GLD
• IAU
• SGOL
• capital gains
• collectibles
• etfs
• futures
• gold
• investment strategy
• precious metals
• taxation