VanEck Merk Gold ETF (OUNZ)

NYSEARCA: OUNZ · Real-Time Price · USD
43.04
+0.31 (0.73%)
Jun 4, 2026, 1:26 PM EDT - Market open
Assets$2.78B
Expense Ratio0.25%
PE Ratio6.97
Shares Out59.27M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend Daten/a
Payout Frequencyn/a
Payout Ration/a
Volume306,564
Open43.29
Previous Close42.73
Day's Range42.84 - 43.39
52-Week Low31.36
52-Week High53.35
Beta0.15
Holdings1
Inception DateMay 16, 2014

About OUNZ

Fund Home Page

The 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.

Asset Class Commodity
Category Commodities Focused
Stock Exchange NYSEARCA
Ticker Symbol OUNZ
ETF Provider VanEck
Index Tracked LBMA Gold Price

Top Holdings

NameSymbolWeight
Gold Oz.n/a100.00%

Performance

OUNZ had a total return of 31.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.44%.

News

Commerzbank is not giving up on metals, sees $4,800/oz gold, $80/oz silver by year-end

Rising inflation pressures due to the ongoing war in Iran mean investors will have to wait a little longer for gold to break out of its current consolidation phase, according to Carsten Fritsch, commo...

1 hour ago - Kitco

Gold News: Gold Price Rebounds From 200-Day MA as Rate-Cut Bets Return

Gold price rallies after rebounding from the 200-day MA as falling oil, lower yields, and renewed Fed rate-cut hopes boost XAU/USD ahead of NFP.

4 hours ago - FXEmpire

Gold Price Analysis – Gold Stuck Between 2 EMAs

The gold market has rallied a bit early on Thursday, as we are looking at the interest rate movements as a massive influence on where we are going next.

4 hours ago - FXEmpire

Gold clears $4,500, silver rallies as Hormuz risk premium cools - Kitco AM Report

Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Thursday, as a softer U.S. dollar, weaker crude oil and mixed U.S. equity futures framed the final session b...

4 hours ago - Kitco

Spot gold reclaims $4,500/oz after U.S. weekly jobless claims rise to 225k

Gold prices were holding above $4,500 per ounce on Thursday morning following the release of worse-than-expected labor market data after the number of Americans filing new claims for unemployment bene...

4 hours ago - Kitco

Gold (XAUUSD) & Silver Price Forecast: Gold Breaks $4,500 as Silver Slips to $73 — Support or More Pain?

As the ceasefire remains intact beyond nine weeks and oil flows gradually normalize, gold faced strong selling pressure under $4,500 while silver slipped to $73.34. Strong central bank demand and silv...

11 hours ago - FXEmpire

Gold Rises Amid Mild Dollar Weakness

Gold rose in early trade amid a slightly weaker dollar that makes the U.S.-dollar denominated precious metal less expensive for potential investors.

17 hours ago - WSJ

Gold breaks $4,440 as U.S.-Iran fighting pressures markets - Kitco PM Report

Spot gold and silver prices are sharply lower after the close Wednesday, as crude oil rallied, Treasury yields rose and renewed U.S.-Iran fighting pressured non-yielding metals.

Other symbols: AAAUDGPGLDGLDMIAUUGL
20 hours ago - Kitco

Gold (XAU/USD) Price Forecast: Bearish Structure Tests Key Support Zones

Gold is testing key long-term support as bearish momentum builds, with downside targets emerging, while only a reclaim of short-term resistance would signal stabilization.

21 hours ago - FXEmpire

Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC

After March saw central banks flip to net sellers of gold, the sovereign sector switched back to bullion purchases in April, according to the latest data from the World Gold Council (WGC).“Central ban...

23 hours ago - Kitco

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Oil Tests New Highs

Precious metals are under strong pressure as traders bet on hawkish central banks.

23 hours ago - FXEmpire

Indian central bank denies media report of $12 billion gold reserve sales

One day after a bombshell report from Bloomberg claimed the Reserve Bank of India (RBI) sold gold reserves worth roughly $12 billion in the two weeks through May 22, the central bank issued a firm den...

Other symbols: AAAUDGPGLDGLDMIAUUGL
1 day ago - Kitco

TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike

Rising expectations that the Federal Reserve will have to hike interest rates rather than cut them by the end of the year continue to take their toll on the precious metals market, with gold prices fa...

1 day ago - Kitco

Gold off session lows after ISM Services PMI rises to 54.5 in May

The U.S. service sector improved above expectations last month, according to the latest data from the Institute for Supply Management (ISM).The ISM announced on Wednesday morning that its Services Pur...

Other symbols: AAAUDGPGLDGLDMIAUUGL
1 day ago - Kitco

Gold (XAUUSD) Price Forecast: Gold Price Falls as Fed Hike Fears Return

Gold prices face pressure as rising Treasury yields, a stronger dollar, and Fed hike fears grow. Friday's NFP report could determine the next move.

1 day ago - FXEmpire

Gold Price Analysis – Gold Drifts Lower on Wednesday

Gold drifts a little bit lower early on Wednesday, as traders continue to see a consolidation range play out. The noise coming out of the Middle East continues to be a concern in this market.

1 day ago - FXEmpire

Gold, silver fall as oil jumps on U.S.-Iran strikes - Kitco AM Report

Spot gold prices are lower and spot silver prices are sharply lower in early U.S. trading Wednesday, as rising oil prices, a firmer U.S. dollar and renewed U.S.-Iran hostilities offset safe-haven dema...

1 day ago - Kitco

Gold price struggling as ADP says 122k jobs created in May

The gold market could see renewed selling pressure as the U.S. labor market remains resilient, with the private sector creating slightly more jobs than expected in May.

Other symbols: AAAUDGPGLDGLDMIAUUGL
1 day ago - Kitco

Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs Channel Breakdown — Gold Falls to $4,472, Silver at $74.80?

The ongoing US-Iran ceasefire allowed gold and silver to react to technical breakdowns. Gold accelerated lower below $4,500 with strong bearish continuation while silver traded at $74.80.

1 day ago - FXEmpire

Gold and Silver Price Forecast: Oil Surge Pressures Gold Before Jobs Data

Gold and silver remain under pressure as oil-driven inflation, Fed rate fears, and U.S. jobs data shape the next move in precious metals.

1 day ago - FXEmpire

Gold Futures' Technical Backdrop Likely Improved, Charts Show

Gold futures' technical backdrop has likely improved in recent weeks, StoneX's Matt Simpson says in commentary. Prices have repeatedly found support around $4,400 an ounce and momentum indicators are ...

1 day ago - WSJ

Gold steadies, silver slips as oil rises on Iran uncertainty - Kitco PM Report

Spot gold prices are near steady and spot silver prices are lower after the close Tuesday, as a stronger U.S. dollar and firmer crude oil offset support from lower Treasury yields.

1 day ago - Kitco

Gold Rises As Traders Weigh Confusion Over US-Iran Talks

Axel Merk, founder and CIO of Merk Investments, said that while gold remains a relatively 'calm' investment, the world around the commodity and the geopolitical and economic 'crosscurrents' including ...

1 day ago - Bloomberg Markets and Finance

Gold (XAU/USD) Price Forecast: Tight Range Builds Breakout Pressure

Gold continues to compress within a symmetrical triangle as overlapping support and resistance levels cluster, suggesting an imminent breakout decision as volatility contracts near key moving averages...

1 day ago - FXEmpire

India's central bank likely sold $12 billion gold reserve in just two weeks to support the rupee – BE report

The Reserve Bank of India likely sold $12 billion of its gold reserves and bought $7.5 billion in foreign currency assets during the two weeks ending May 22, according to a new report from Abhishek Gu...

Other symbols: AAAUDGPGLDGLDMIAUUGL
1 day ago - Kitco

Gold Stocks Are in a Bear Market. The Case For Buying.

Gold has dropped from $5,247 per ounce near the end of February to just over $4,500 now.

1 day ago - Barrons

Central banks see gold as the reserve asset of choice - ECB report

Gold continues to assert its dominance in global financial markets as an important monetary asset, with the European Central Bank highlighting a significant milestone for the precious metal.

1 day ago - Kitco

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back From Session Highs As Dollar Rebounds

Gold markets moved away from session highs as traders focused on stronger dollar and rising Treasury yields.

2 days ago - FXEmpire

Gold price is squeezed between 50 and 200 DMA, but 2025 drivers will return stronger once Iran war recedes – Saxo Bank's Hansen

Gold prices declined in May, as the Iran conflict supported yields and the dollar while reducing expectations for rate cuts, but debt concerns, de-dollarization, sticky inflation and steady central ba...

Other symbols: AAAUDGPGLDGLDMIAUUGL
2 days ago - Kitco

Gold price struggling around $4,500 as U.S. JOLTS shows rise in job openings

The gold market is struggling to hold key near-term support at $4,500 an ounce as the U.S. labor market remains fairly resilient, with the number of available jobs rising more than expected in April.

Other symbols: AAAUDGPGLDGLDMIAUUGL
2 days ago - Kitco

Gold firms, silver jumps as oil slips on Iran talks - Kitco AM Report

Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Tuesday, as lower oil prices and easing Treasury-yield pressure supported metals while U.S.-Iran headlines k...

2 days ago - Kitco

Gold Price Analysis – Gold Rallies as Rates Fall

Gold continues to move opposite of rates on Tuesday, as we are still in the same pattern with rates being the opposite of price action in the gold markets. Position sizing is crucial in this market as...

2 days ago - FXEmpire

Gold News: Can Gold Rally Extend as Oil, Yields and Dollar All Retreat?

Gold market outlook improves as oil retreats, yields fall and the dollar stalls. Friday's jobs report could determine the next major move.

2 days ago - FXEmpire

Gold is an awkward asset for central banks to hold. It's now moved ahead of U.S. debt anyway.

The debt of the world's biggest economy is no longer the primary reserve asset for central banks worldwide.

2 days ago - Market Watch

Gold (XAUUSD) & Silver Price Forecast: China Buying Supports Metals — Will XAU & XAG Extend Gains?

The ongoing US-Iran ceasefire allowed gold and silver to focus on technical recoveries. Gold defended $4,534 support with bullish continuation while silver surged above $76.55.

2 days ago - FXEmpire

Gold Appears Trapped Between Two Powerful Narratives

Gold prices edged lower in early trade. The precious metal's bias remains tilted slightly lower, said FOREX.com.

2 days ago - WSJ

Gold falls as oil jumps on U.S.-Iran deadlock - Kitco PM Report

Spot gold and silver prices are lower after the close Monday, as crude oil jumped, Treasury yields firmed and U.S.-Iran negotiations remained unresolved.

Other symbols: AAAUDGPGLDGLDMIAUUGL
2 days ago - Kitco

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats Amid Rising Treasury Yields

Tensions in the Middle East put pressure on gold markets.

3 days ago - FXEmpire

Gold prices captive to Iran headlines, silver faces critical test at $70/oz – Heraeus

Gold and silver prices are trapped in the range established earlier in the U.S.-Iran conflict, while high prices and new import duties are impacting key areas of the Asian market, according to preciou...

3 days ago - Kitco

Spot gold trades near $4,460/oz after ISM Manufacturing PMI rises to 54

Gold is trading near session lows after the latest data showed the U.S. manufacturing sector beating expectations last month, with prices also moderating in May.The Institute for Supply Management (IS...

3 days ago - Kitco

Gold Price Analysis – Gold Continues to See Rates Pressure Market

Gold continues to see pressures from the bond markets on Monday, as we are watching both the gold chart, and the ten-year yield.

3 days ago - FXEmpire

Fed trapped between inflation and debt crisis, and gold wins either way - Sprott's McIntyre

Despite gold's recent disappointing price action, the precious metal's long-term bull case has rarely looked stronger, as the Federal Reserve faces an increasingly impossible balancing act between inf...

3 days ago - Kitco

Silver firms while gold slips on Hormuz uncertainty - Kitco AM Report

Spot gold prices are lower and spot silver prices are firmer in early U.S. trading Monday, as a stronger U.S. dollar and higher oil prices weighed on bullion while silver held a positive session.

3 days ago - Kitco

Gold News: Rising Oil Prices Darken Gold Price Future Before Payrolls

Gold prices slip as Iran strikes lift oil, boost the dollar, and fuel inflation fears. See why traders are abandoning rate-cut bets.

3 days ago - FXEmpire

Gold (XAUUSD) & Silver Price Forecast: Gold Tumbles Under $4,500 as Silver Tests Support — Breakdown Ahead?

The ongoing US-Iran ceasefire allowed gold and silver to react to macro and technical signals. Gold accelerated lower below $4,500 with strong bearish continuation while silver traded at $75.58.

3 days ago - FXEmpire

Gold and Silver Forecast: Strong Dollar Pressures XAUUSD as Silver Defends $72

Gold and silver remain under pressure as a stronger U.S. dollar, higher oil prices, and Fed policy risks weigh on precious metals, while traders watch key breakout levels at $5,000 for gold and $89 fo...

3 days ago - FXEmpire

Gold Declines as Uncertainty Clouds U.S.-Iran Talks

Gold prices edged down at the start of the week in Asia as markets await signs of progress in U.S.-Iran negotiations.

3 days ago - WSJ

Gold News: Gold Market Faces Critical Week as NFP and ISM Data Loom

Gold prices face a pivotal week as NFP, ISM data, and Fed expectations drive the outlook. Can cooling data trigger the next gold rally?

3 days ago - FXEmpire

Wall Street flips firmly bullish after gold's late-week recovery, Main Street sentiment sours with jobs data on deck

The latest Kitco News Weekly Gold Survey showed Wall Street feeling fresh optimism about gold's near-term prospects, while Main Street sentiment slid into bearish territory despite gold's late-week re...

5 days ago - Kitco

Gold rises, silver slips as oil falls on Iran deal hopes - Kitco PM Report

Spot gold prices are higher and spot silver prices are lower after the close Friday, as a sharp monthly drop in crude oil reduced inflation pressure while a firmer U.S. dollar kept silver under pressu...

5 days ago - Kitco

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