Vaneck Merk Gold Trust (OUNZ)
|Day's Range||16.11 - 16.26|
|Inception Date||May 16, 2014|
The investment seeks to provide investors with an opportunity to invest in gold through the shares and be able to take delivery of physical gold in exchange for those shares. The Trust's secondary objective is for the shares to reflect the performance of the price of gold less the expenses of the Trust's operations. Each share represents a fractional undivided beneficial interest in the Trust's net assets. The Trust's assets consist principally of gold held on the Trust's behalf in financial institutions for safekeeping.
(Kitco News) - There is no arguing that 2022 has been a challenging year for gold. The precious metal has not reacted to persistent geopolitical uncertainty, rising inflation and growing global economic...
(Kitco News) - The gold market is ending its sixth consecutive month lower, but sentiment is improving as some safe-haven demand creeps back into the market.
Can gold price put an end to its six-month losing streak? Prices are at 'critical juncture' - analysts
(Kitco News) - What gold does in the next two weeks will be critical for prices going into the year-end, according to analysts. All eyes are on the latest rounds of employment and inflation data as gold...
Gold futures climbed Friday to finish higher for the week, but overall strength in the dollar amid aggressive monetary policy tightening by the Federal Reserve, as it continues its efforts to tame infla...
(Kitco News) - Hotter-than-expected inflation data is providing some initial support for the gold market as prices retest the long-term support/resistance level at $1,675 an ounce.
(Kitco News) - Gold and silver prices are modestly higher in early U.S. trading Friday, as the precious metals are catching a slight safe-haven bid heading into the weekend.
(Kitco News) - Intense market volatility in Britain has escalated recession risks and global contagion fears. The gold market has been observing the developments cautiously as prices rise from 2.5-year ...
Gold futures edged lower on Thursday, giving back a small portion of the 2.1% gain prices saw a day earlier. Given that U.S. monetary tightening is not complete and that the Federal Open Market Committe...
Gold is down only around 9.5% for the year, despite surging bond yields, and despite the U.S. dollar being at its strongest level ever relative to other major currencies.
(Kitco News) - Gold and silver prices are moderately lower in early U.S. trading Thursday. Bulls could not show the important follow-through buying strength after solid gains posted Wednesday.
Gold futures weakened on Thursday, after rising to their highest level in nearly a week, as Treasury yields resumed their march higher following Tuesday's precipitous pullback.
(Kitco News) - The gold market is seeing some renewed selling pressure but is largely ignoring an in-line contraction in the U.S. economy during the second quarter.