VanEck Merk Gold ETF (OUNZ)
| Assets | $2.66B |
| Expense Ratio | 0.25% |
| PE Ratio | n/a |
| Forward PE | n/a |
| Shares Out | 67.19M |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 168,399 |
| Open | 38.75 |
| Previous Close | 38.71 |
| Day's Range | 38.30 - 38.75 |
| 52-Week Low | 37.18 |
| 52-Week High | 53.35 |
| Beta | 0.19 |
| Holdings | 1 |
| Inception Date | May 16, 2014 |
About OUNZ
Fund Home PageThe VanEck Merk Gold ETF (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.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Gold Oz. | n/a | 100.00% |
Performance
OUNZ had a total return of -2.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.13%.
News
Central banks are exploring Asian gold hubs for safe storage of reserves - DBS
Asia's growing importance within the gold ecosystem is drawing increased interest from global financial institutions, but new research shows that a significant number of central banks are now assessin...
Gold prices find solid support at $4,000 as Standard Chartered sees rally to $4,650 by year-end
Gold prices have managed to hold critical support above $4,000 an ounce even as persistent inflation is pressuring some Federal Reserve officials to take aggressive steps next month. Despite the unrel...
Gold, silver rebound after CPI-driven selloff, Hormuz tensions lift crude oil - Kitco AM Report
Spot gold and silver prices were higher in early U.S. trading Wednesday, recovering from Tuesday's sharp losses as bargain hunting and short covering supported precious metals despite elevated Treasur...
India's gold ETF inflows drop 22% in October as fund houses halt bulk subscriptions
Investments in Indian gold exchange-traded funds fell 22% in October after curbs on bulk subscriptions ahead of the festive season, while equity mutual fund investments also slowed, data showed on W...
Gold (XAUUSD) & Silver Price Forecast: Hot CPI Lifts Jumbo Hike Odds, Can Gold Hold $4,051?
Gold (XAUUSD) and silver price forecast: hot US CPI lifts half-point Fed hike odds, but gold reclaims its $4,051 pivot and silver bounces above $52.12.
Gold, silver plunge as hotter U.S. inflation raises prospect of larger Fed rate hike - Kitco PM Report
Spot gold and silver prices were sharply lower in late U.S. trading Tuesday, as stronger-than-expected U.S. consumer inflation reinforced expectations for another Federal Reserve interest rate increas...
China buys gold for two straight years as central bank demand remains a key pillar of support
After a busy third quarter, central banks continue to take advantage of lower gold prices to increase their official reserves. China continues to play a dominant role in the marketplace, increasing it...
Gold reserve repatriations don't mean central banks are de-dollarizing – Fed's Weiss
The highly publicized central bank gold reserve relocations and repatriations by the Netherlands, France, and Germany in recent years have had little impact on their U.S. dollar reserve allocations, a...
I'm Always Wrong About Gold. You Probably Are, Too.
In July 2015, I called gold a “pet rock” when it was below $1,150 an ounce. Five years later, it had gained almost 70% — at which point I was skeptical again. Naturally, over the next five years, gold...
Gold, silver retreat as high core CPI lifts December Fed hike odds- Kitco AM Report
Spot gold and silver prices were sharply lower in early U.S. trading Tuesday, pressured by stronger-than-expected U.S. inflation data that reinforced expectations for another Federal Reserve interest ...
Gold prices down 2% on the day as US CPI rises more than expected
The gold market has been hit with significant selling pressure as persistent inflation pressures are adding to fears that the Federal Reserve could aggressively raise interest rates next month to cool...
Gold (XAUUSD) & Silver Price Forecast: Gold Holds $4,088 as CPI Test Looms, Can It Break $4,147?
Gold (XAUUSD) and silver price forecast: gold holds $4,088 ahead of US CPI as central banks keep buying, while silver stalls at $53.42 and eyes $51.27.
Gold, silver advance as dollar weakens, Fed rate expectations face inflation test - Kitco PM Report
Spot gold and silver prices were sharply higher in late U.S. trading Monday, supported by a weaker U.S. dollar and a steep decline in crude oil prices as investors responded to renewed hopes for a dip...
Gold and silver prices extend post-election rebound, central banks on pace to beat 2025 purchases – Heraeus
Gold and silver are continuing to build on last week's strong rally following the Democratic sweep of the midterm elections, but the precious metals will likely face pressure from resurgent oil prices...