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Salam. If I have purchased gold for a future investment, would I need to take out Zakat annually for the gold?

Assalamu ‘Alaykum Rahmatullah.
 
Yes. Any goods purchased with the intention of selling it on is regarded as business goods, and zakat will be payable on those goods at the selling price/current market value. 
 
Allah Knows the best. 

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