Gold profits are glittering in 2025 — but cashing in may trigger a bigger tax bill than you might think. The price of gold futures hit $4,000 per ounce in October, for the first time ever. While the precious metal dropped in price on Friday as part of a broader market decline, year-to-date returns still sat at nearly 50%, with a price around $4,100. Exchange-traded funds backed by physical gold — like SPDR Gold Shares (GLD ), iShares Gold Trust (IAU ), and abrdn Physical Gold Shares ETF (SGOL ) — are up by a similar amount. By comparison, the S&P 500 U.S. stock index is up about 15% in 2025, as of Friday’s close. ... (full story)