The IRS and other government bodies consider physical gold, silver, or platinum as assets for capital gains tax purposes, meaning they’re taxed when you sell them for a profit.
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Unveiling the Taxation of Precious Metals
Sales tax or VAT (Value-added tax) is sometimes applied to precious metals when purchasing from a registered dealer, such as APMEX or StoneX Bullion. Depending on the country, t...
Understanding Precious Metals Premium
When you buy precious metals, you need to think about the ‘Premium’. This is the extra amount you pay above the metal’s value at the current spot price. When you sell, you might...
