How Are Precious Metals Taxed in the U.S.?

Are you considering investing in gold or other precious metals? In this article, you’ll learn that a basic understanding of related tax issues will reveal the most cost-effective ways of buying and owning gold and silver.

But first let’s consider what drives people to invest in precious metals.

Why Do People Invest in Precious Metals?

precious metals tax

For centuries, investors have viewed gold and silver as a refuge against economic crises. One reason for this view is the tendency of gold to move in an inverse relation to a country’s currency.… Read the rest