GLD’s Gains Are Taxed at 28% as a Collectible, Not the 15% Rate Every Other ETF Gets

Investors holding the SPDR Gold Shares ETF face a higher 28% tax rate on long-term gains because gold is classified as a collectible, unlike most other exchange-traded funds that qualify for the lower 15% or 20% capital gains rates. This distinction can significantly impact after-tax returns for gold investors.