wz5mz
Returning Member

How does the IRS tax options of the precious metal ETFs, SLV and GLD?

How does the IRS tax options of the precious metal ETFs, SLV and GLD? Are they treated as 1256 contracts and taxed at the blended 60/40 rate? Or are they treated as collectibles and taxed at the 28% long-term capital gains rate?

 

Thanks in advance!