Zakah on invested gold
Salaams, I have two questions regarding zakaat. I have been working for 18 months n ow and managed to save up some money. I have done two things with this, 1) Invested in gold and 2) Invested in the stock market. My first question is about the gold - I bought a small amount of gold about two months ago. I am looking to sell it when I think the price is a good selling price. Once it is sold, I may keep that money and look to buy more gold should the prices come down. However my intention is not to trade regularly, but to only sell in a few months' time without necessarily buying back in. Which amount do I pay zakaat on, is it the amount I initially invested, after a full year? Or possibly the higher (or even lower) amount at which I intend to sell it at? And is this is still 2.5%? Secondly, I opened a trading account in May last year. Since then I have bought and sold shares in various halal companies. I have bought and sold at a loss, and also bought and sold at a profit. Recently I have not held that many shares and most of the money has been sitting in the account, until I see a good buying opportunity again. My question is again, which amount do I pay zakaat on? I would say I am certainly trading rather than holding for long term appreciation, so my thinking was I should pay only on the net profit? At the same time, given that the money sits in my account for a few months, I'm not sure whether that means I should pay zakaat on all of it? Jzk, Siraj