Vaneck Merk Gold Trust (OUNZ)

NYSEARCA: OUNZ · IEX Real-Time Price · USD
+0.02 (0.12%)
Sep 30, 2022 4:00 PM EDT - Market closed
Assets $587.97M
NAV $16.06
Expense Ratio 0.25%
PE Ratio n/a
Shares Out 36.62M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
1-Year Return -5.28%
Volume 277,426
Open 16.15
Previous Close 16.11
Day's Range 16.11 - 16.26
52-Week Low 15.74
52-Week High 20.11
Beta 0.12
Holdings 1
Inception Date May 16, 2014

About OUNZ

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.

Asset Class Commodity
Sector Precious Metals
Region North America
Issuer Van Eck Associates
Stock Exchange NYSEARCA
Ticker Symbol OUNZ
Index Tracked LBMA Gold Price


Gold Has Served As An Impressive Store Of Value During The Current “Everything Selloff”

“Gold is no longer a safe haven.” “Gold isn't an effective hedge against inflation.

21 hours ago - ETF Trends

Markets in chaos: What's next after gold's 6 months of losses?

(Kitco News) - With September now behind us, gold has posted six months of consecutive losses.

1 day ago - Kitco

Is gold on the cusp of a new bull market?

(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...

1 day ago - Kitco

Market volatility is boosting gold's safe-haven appeal and near term sentiment improves

(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.

1 day ago - Kitco

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...

1 day ago - Kitco

Gold futures gain for the week, fall for the month and quarter

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...

1 day ago - Market Watch

Gold Weekly Price Forecast – Gold Markets Attempt to Recover

Gold markets have had a rather volatile week, as we had seen so much in the way of US dollar volatility as well.

2 days ago - FXEmpire

Gold Price Forecast – Gold Markets Reach Major Area of Interest

Gold markets have rallied a bit during the trading session on Friday, as it looks like we are threatening the $1680 level.

2 days ago - FXEmpire

Gold Tests Resistance At $1675

Silver moved back above the $19.00 level. WTI oil declined below $81.

2 days ago - FXEmpire

Gold prices push to $1,675 as U.S. core PCE rises 0.6% in August

(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.

2 days ago - Kitco

Gold, silver recover as dollar holds below 20-year highs

Gold futures climbed on Friday, shrugging off rising inflation in Europe, as the U.S. dollar traded below a 20-year high reached earlier this week.

2 days ago - Market Watch

Daily Gold Update: Friday, September 30 – Gold's Short-Term Consolidation

Gold is 0.2% higher this morning, as it is trading above the the $1,660 level. What about the other precious metals?

2 days ago - FXEmpire

Slight price gains in gold, silver on mild safe-haven bids

(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.

2 days ago - Kitco

Gold Gains Ground As Treasury Yields Decline

U.S. dollar's modest rebound failed to put any pressure on gold markets.

2 days ago - FXEmpire

UK's market chaos, contagion risk: what it all means for gold price

(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 ...

2 days ago - Kitco

Gold futures settle slightly lower a day after posting a gain

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...

2 days ago - Market Watch

Gold price weaker earlier, but now catching safe-haven bid as U.S. equities tank

(Kitco News) - Gold prices are a bit higher and near daily highs in midday U.S. trading Thursday.

3 days ago - Kitco

Gold Forecast – Financial Stress Indicators Reach Crisis Levels

Historically, October has seen some of the worst market crashes. Several financial stress indicators are flashing red as September closes – caution is warranted.

3 days ago - FXEmpire

Gold Has Served As An Impressive Store Of Value During The Current “Everything Selloff”

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.

3 days ago - Forbes

Gold Price Forecast – Gold Ready to Retest Former Support

Gold markets have pulled back to kick off the trading session on Thursday but gave back some of the selling pressure to attempt to recover.

3 days ago - FXEmpire

Price pullbacks in gold, silver as USDX, bond yields on the rise again

(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.

3 days ago - Kitco

Gold resumes downward trend after brief BoE-inspired reprieve

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.

3 days ago - Market Watch

Gold prices holding support above $1,650 as U.S. GDP contracts 0.6% in Q2 in line with expectations

(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.

3 days ago - Kitco

Daily Gold Update: Thursday, September 29 – Gold Price Fluctuates Following Yesterday's Rally

The market got back above the $1,650 price level yesterday after reaching new medium-term low of $1,622.20.

3 days ago - FXEmpire

Gold Pulls Back As Dollar Rebounds After Yesterday's Sell-Off

Gold markets need additional positive catalysts to move higher.

3 days ago - FXEmpire