Buying or investing in silver: Here's how silver ETFs, FoFs, jewellery and utensils are taxed

Silver ETFs qualify for long-term capital gains (LTCG) after a holding period of more than 12 months.

Silver FoFs and physical silver (bullion, coins, jewellery) require a holding period of more than 24 months for LTCG treatment.

Long-term gains on silver investments are taxed at 12.5% without indexation.

Short-term gains are taxed according to the investor's applicable income tax slab.

Silver utensils are not considered capital assets, so capital gains tax generally does not apply to their sale.