Information About CGT on gold sale

Best Place To Sell Gold Jewelry Online – What Are My Options?

Best Place To Sell Gold JewelryEvery day millions of Americans are bombarded by sell gold jewelry for cash TV and radio infomercials. Moreover, it seems like anywhere you go, you run into a sell gold jewelry booth or a kiosk in a mall or even your local grocery store. However, it does not stop people from searching the best place to sell gold jewelry for a maximum return.

CGT on Gold Sale

CGT on Gold SaleBefore you buy any physical precious metals, you need to take into consideration potential capital gains tax on gold bullion sale once you decide to sell your bullion bars or coins. If you have owned your physical gold for over year before deciding to sell it, beware that your precious metals sale is going to be treated as collectibles and taxed at a higher tax bracket.