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what are the differences in taxes rules for specialty etfs such as gld (gold etf) and general etfs?
user
gold etfs are treated different than stock etfs, as a collectable. this makes long-term investing in gold etfs (for one year or longer) subject to a relatively large capital gains tax (maximum rate of 28%, rather than the 15% rate that is applicable to most other long-term capital gains). read the gold showdown: etfs vs. futures for more details.
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