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Union Budget 2024 - Impact on Gold Investments Prospective gold investors need to reassess their strategies in light of these changes. Think over!!!! #goldrush #onepercentclub #unionbudget2024

📢 Adapting Your Precious Metals Portfolio to the New Capital Gains Tax (CGT) Changes 📢 With the recent changes to Capital Gains Tax, we’re seeing savvy investors rethinking their approach to precious metals. Traditionally, gold bars were a popular choice for their lower premiums, but now, many are shifting toward CGT-exempt UK legal tender coins, like British Gold Bullion Coins, for added tax efficiency. This change is a great reminder of why regular portfolio reviews matter—what worked in the past might not be the best choice today. If you’re considering a shift or just want a professional opinion on your investment strategy, reach out to us! AU Bullion Southwest LTD Are you ready to adapt your portfolio to the new tax landscape? Please visit our landing page to understand more and register for a free investment guide. https://lnkd.in/eD6cyMfD #CapitalGainsTax #GoldInvesting #TaxStrategy #InvestmentTips

📢 Adapting Your Precious Metals Portfolio to the New Capital Gains Tax (CGT) Changes 📢 With the recent changes to Capital Gains Tax, we’re seeing savvy investors rethinking their approach to precious metals. Traditionally, gold bars were a popular choice for their lower premiums, but now, many are shifting toward CGT-exempt UK legal tender coins, like British Gold Bullion Coins, for added tax efficiency. This change is a great reminder of why regular portfolio reviews matter—what worked in the past might not be the best choice today. If you’re considering a shift or just want a professional opinion on your investment strategy, reach out to us! AU Bullion Southwest LTD Are you ready to adapt your portfolio to the new tax landscape? Please visit our landing page to understand more and register for a free investment guide. https://lnkd.in/eD6cyMfD #CapitalGainsTax #GoldInvesting #TaxStrategy #InvestmentTips

You lose money every time you exchange gold at a shop. The old gold isn't charged 3% GST, but the new gold you buy is. So you lose 3% just on GST on every exchange. This is another reason to invest in Sovereign Gold Bonds. P.S. SGBs are free from GST (unlike physical gold purchases), offer 2.5% annual interest, and provide exemptions on capital gains tax, to list a few benefits.

Price fall, tax changes make Gold ETFs attractive; more so as SGBs seen on hold A decline in gold prices driven by reduced customs duties, enhanced long-term tax benefits following the budget announcement, and the anticipated halt in new sovereign gold bond (SGB) issuances are encouraging investors to turn to gold exchange-traded funds (ETFs) or gold funds

With gold making 4% Dollar gains through January, and with predictions for the year for it to push for $3000 (roughly 9%), it doesn't seem to be much of a stretch to see this being an underestimation. From our perspective we see gold pushing for $3,500 by end of Q3. We'll work under the assumption that cable will be around the 1.25 mark that would put the sterling price of fine gold per ounce at £2800, making a 250g bar £23,630 (currently £18,405), a 28% increase, similar to the increase seen in 2024. So if you were thinking you missed the boat, you still have the chance of making excellent returns. Especially in the long term. For more information, you can message us here, find us on Facebook and Instagram, or go direct to our website where you will find all the products we stock and an indicative price list. We are here to support you on your investment journey and we always offer to buy back any investment grade bullion we sell, meaning your gold is liquid throughout. https://lnkd.in/g8UkfpzJ

Gold prices fall: Have gold ETFs turned more attractive than sovereign gold bonds? Full Article Link >>> https://lnkd.in/gcZqNQfA Welcome To Latest IND >> Fastest World News Gold ETFs turn attractive: The recent reduction in customs duty on gold, coupled with long-term tax benefits announced in the budget, has made gold exchange-traded funds (ETFs) and gold funds an attractive investment option for many. Additionally, the expected discontinuation of new issuances of sovereign gold bonds […] . . Latest IND . . . . #trendingnews #newstrending #trendingtopicnews #lifestyle #business #news #healthylifestyle #smallbusiness #supportsmallbusiness #lifestyleblogger #luxurylifestyle #businessowner #businesswoman #smallbusinessowner #businessnews

#🚨 Real Asset with real intrinsic value or Manipulated Paper Assets 🚨 #Real Reason for reduction of Custom Duty on Gold Sovereign Gold Bond Redemptions in 2024: A Strategic Move In 2024, the government will redeem around ₹15,000 to ₹25,000 crore worth of Sovereign Gold Bonds (SGBs). To reduce redemption costs, customs duty on gold was lowered, leading to a drop in gold prices and, consequently, the SGB redemption value. This highlights how paper assets like SGBs and REITs can be influenced by government policies, unlike real assets such as physical gold or real estate, which maintain their intrinsic value.

I was examining the reasons for the widening gap between physical gold prices and Gold ETFs. This discrepancy exists because gold ETFs are charged a 12.5% LTCG tax after 1 year, while gold funds are charged a 12.5% LTCG tax after 2 years, and in contrast, physical gold for ST purposes is taxed according to the slab rates. Thus, the government has reduced the value of gold by lowering duties and also changed the impact of holding gold through different structures. Accordingly, gold ETFs are the best structure to hold gold, followed by gold funds or physical gold being the least advantageous.

The Gold Standard: Identifying The Top 5 Countries For Gold Acquisition. As the purchasing power of your savings continues to be eroded by irresponsible fiscal policies, many are looking towards physical gold as a hedge against inflation. https://hubs.ly/Q02tvdgC0