RE: Gold - one of the best investments
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You won't be taxed if you hold this investment for over 8 years. However, if you redeem it sooner, you'll face taxes on your gains.
If you sell within 12 months, the gains will be considered Short-Term Capital Gains and will be taxed at your regular income tax rate.
If you sell after 12 months but before the 8-year mark, the gains will be taxed as Long-Term Capital Gains.
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