No capital gains tax on gold in the UK?

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Most of us, von Greyerz concedes, could never dream of purchasing quantities that would qualify for his services. “Still,” he argues, “anything is worth investing. I believe for wealth preservation purposes you should buy gold at any level you can afford. Plus, in the UK, there’s no capital gains tax on any profits made on gold coins that are British legal tender, such as britannias and sovereigns.” ...
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www.theguardian.com

The new gold rush: why the precious metal has lost none of its allure

The price of gold continues to rise, but who buys it, and where do they keep it? We head to Zurich’s secret vault and meet the dealers
www.theguardian.com www.theguardian.com

UK 1, USA 0
 
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