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Has Gold Made You Rich? The IRS Wants Its Share

Dan Caplinger, The Motley Fool
·4-min read
Has Gold Made You Rich? The IRS Wants Its Share

Gold has had a fantastic year so far in 2020, with its price climbing from around $1,500 per ounce at the end of 2019 to briefly above $2,000 per ounce recently. Other precious metals have seen similarly impressive gains: Silver went from around $18 per ounce to $29 in 2020, and palladium soared to new record heights above $2,750 per ounce before falling back more recently. There are plenty of gold investors who have ridden the wave higher and are looking to cash in.

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