Yes, you would report this as a US capital gain under investment income. You will also need to fill out FBAR if the aggregate totals of your foreign financial accounts exceed $10K.
Also you may need to report form 8938 if the value of your foreign assets are $50,000 on the last day of the filing year or if the balance of your assets exceeds $75,000 at any time during the year. ($!00,000 or $150,000 if Married Filing Jointly).
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