“The short-term capital gains tax is only 15% and long term capital gains after one year is just 10%. I think an arbitrage fund is going to have a large flight of capital from the other debt categories which from April 1, have become less efficient from the taxation standpoint.”
Gold hovers near early-June high on lower bond yields
Gold prices soared close to a two-month peak on Thursday after the U.S. Treasury announced bolstered liquidity measures. With yields falling and the dollar weakening,
August 20, 2026