Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,303.10 +8.60 0.06%
S&P 500 1,649.60 -0.91 -0.06%
Nasdaq 3,459.14 -0.27 -0.01%
Ticker Volume Price Price Delta
STOXX 50 2,764.29 -12.49 -0.45%
FTSE 100 6,654.34 -42.45 -0.63%
DAX 8,305.32 -46.66 -0.56%
Ticker Volume Price Price Delta
Nikkei 14,612.50 +128.47 0.89%
Hang Seng 22,618.70 -51.01 -0.23%
S&P/ASX 200 4,983.50 -78.95 -1.56%

The Real Cost of Owning Gold

By Lewis Braham - 2012-09-27T20:30:53Z

Photograph by Craig Aurness/Corbis

Company Symbol % Change
8 of 13

Taxes on Gold

Unlike stock capital gains, which are taxed at a maximum rate of 15 percent for long-term investors, profits on gold investments are taxed at a maximum 28 percent rate, as collectibles. However, if you are in the lower 10 percent, 15 percent, or 25 percent income tax brackets, your net long-term gains from gold are taxed the same as your income. One thing to consider is that gold stocks may offer better value for taxable investors; they are subject to the lower 15 percent capital gains rate.

Advertisement