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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: What are the tax implications of owing the iShares Gold Trust (IAU) in RRSP and non-RRSP accounts? Is IAU treated the same as other US ETFs for Canadians, from a tax perspective?

I recently read that the US taxes gold as a collectible, at a higher tax rate than equities. Does this apply to Canadians who own IAU?

Thank you for this excellent service.
Read Answer Asked by Dale on August 21, 2024
Q: If you were looking to put on a gold trade at this time, would PHYS .TO be a good choice
It is up 38% in the past 52 weeks.
Do you see a good risk/ reward upside, in gold at this time? Or is it too late ?
Would you suggest another stock or ETF for gold exposure instead of PHYS.TO?
Read Answer Asked by Indra on August 20, 2024