Gold Is Precious to the IRS, Too

By Bob Carlson

Precious-metals sellers could face a bigger tax bite than they expect.

Investors have been pouring money into exchange-traded funds that buy gold and silver, and that has helped push the price of gold to a recent high of $1,123 an ounce. But fans of those ETFs might not realize that the tax consequences of their investments could be costly.

Continue reading Gold Is Precious to the IRS, Too
[Must subscribe to read full article.]