VanEck Merk Gold Trust (OUNZ)
| Assets | $958.72M |
| Expense Ratio | 0.25% |
| PE Ratio | 6.97 |
| Shares Out | 41.57M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +21.55% |
| Volume | 928,368 |
| Open | 23.21 |
| Previous Close | 22.98 |
| Day's Range | 23.16 - 23.38 |
| 52-Week Low | 17.56 |
| 52-Week High | 23.50 |
| Beta | 0.19 |
| Holdings | 1 |
| Inception Date | May 16, 2014 |
About OUNZ
Fund Home PageThe VanEck Merk Gold Trust (OUNZ) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses, using gold bars and coins held in London vaults. Investors can redeem their shares for gold in increments of 1 troy oz. OUNZ was launched on May 16, 2014 and is issued by VanEck.
News
The story behind the surge in silver, copper, and gold
Copper (HG=F) and Silver (SI=F) have both risen to new highs as demand increases for these metals, while Gold (GC=F) also rises as China's Ministry of Finance proceeds with a stimulus plan involving t...
Wall Street sees gold prices challenging $2,500 next week, Main Street sentiment is more restrained
(Kitco News) – The gold market had plenty of significant economic data and in-depth Fed speak to digest this week, and the result was one of the most dramatic moves for precious metals markets this ye...
Gold and copper are breaking records. Silver is at an 11-year high.
The rise in gold and copper futures Friday to their highest settlements on record and silver's rally to an 11-year high share a common theme: recent weakness in the U.S. dollar. But that's not the onl...
Multiple catalysts are supporting higher metals prices
Last week, I called to your attention to both silver and the miners being in the process of leading gold higher. This indeed was setting up the gold price for a weekly close above $2400 this week, whi...
Gold rockets above $2,400 as commodities catch fire, analysts see no end in sight
(Kitco News) – Gold prices are continuing their upward trend on Friday, and with the decisive break above $2,400 per ounce shortly after 10 am EDT, analysts and traders are wondering how high the yell...
Gold/silver: how to prepare for a commodity supercycle?
Precious Metals caught fire this week after several events set off another "this is it moment." Despite Fed officials suggesting that interest rates should stay higher for longer, economic cracks are ...
Gold Weekly Price Forecast – Gold Continues to Look Bullish
The gold market has rallied again during the week, as it looks like we are doing everything we can to break above the psychologically important $2400 level. If we do, gold could really start to take o...
Gold Roundup For May 16: Price Falls as Fed Speakers Suggest Rate Cuts May Not Come Soon
The spot price of gold was 0.4% lower at $2,376.96 per ounce as of 5 p.m. ET Thursday, putting the brakes on a rally earlier in the week driven by economic data suggesting the Federal Reserve could be...
$2,500 gold is in play this week – Forex.com's James Stanley
(Kitco News) – Gold prices have broken out of a near-term bearish technical pattern and the yellow metal is poised once again to surpass its all-time highs, according to James Stanley, Senior Strategi...
Stagflation fears to drive gold and silver higher - MarketGauge's Michele Schneider
(Kitco News) - Gold and silver prices have hit some resistance at their recent highs; however, one market analyst said this is all part of the precious metals' consolidation process, and prices are he...
Precious metals prices projected to rise 8% in 2024, with gold leading the charge – World Bank
(Kitco News) – Gold prices will continue to rise, with geopolitics and emerging market demand providing upside risk, while silver and platinum prices will also appreciate but may underwhelm if industr...
