Gold ETF investors may be surprised by their tax bill on profits

Key Points

The IRS treats gold and other precious metals as collectibles for tax purposes. The same is true of exchange-traded funds backed by physical gold.
Collectibles have a 28% top federal tax rate for long-term capital gains. Stocks have a maximum rate of 20%.
Many investors in popular gold funds — like SPDR Gold Shares (GLD), iShares Gold Trust (IAU), and abrdn Physical Gold Shares ETF (SGOL) — may be surprised to learn they face a higher tax rate.

Source

Finance

OpenAI reportedly missed revenue targets. Shares of Oracle and these chip stocks are falling

April 28, 2026

In this article SFTU-FF SFTU-FF CRWV Follow your favorite stocksCREATE FREE ACCOUNT OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026 in Washington, DC. Anna Moneymaker | Getty Images Shares of companies tied to artificial intelligence infrastructure tumbled in early trading Tuesday after a report that OpenAI has fallen short […]

Finance

Stocks making the biggest moves premarket: Oracle, General Motors, Coca-Cola, Spotify & more

April 28, 2026

Check out the companies making headlines before the bell: Oracle — The software giant dropped more than 5% after The Wall Street Journal, citing people familiar, reported OpenAI recently missed its own targets for new users and revenue, raising concerns the company may not be able to support its massive AI spending. A number of […]

Finance

Saba Capital finds little appetite for tender offer of shares in Blue Owl, Starwood private credit funds

April 27, 2026

Key Points In March, Saba offered liquidity to investors who were locked in Blue Owl Capital Corporation II, a non-traded private credit fund, at a 35% discount. Investors in Starwood Real Estate Income Trust were also made a similar offer at a 24% or 29% discount, based on the share class. On Monday, Saba said […]