The long-term capital gains tax on international mutual funds has been reduced to 12.5% for investments held over 24 months. Wealth managers now recommend diversifying portfolios with 10-15% in overseas equities, particularly in the US and China.
Gold prices may face near-term retracement due to stronger dollar, yields
Stronger bond yields, a rising US dollar, and risk-on sentiment in equities may lead to a short-term retracement in gold prices, according to the World
November 12, 2024