Vaneck Merk Gold Trust (OUNZ)
| Assets | $585.39M |
| NAV | $17.33 |
| Expense Ratio | 0.25% |
| PE Ratio | n/a |
| Shares Out | 33.78M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | +0.12% |
| Volume | 189,997 |
| Open | 18.11 |
| Previous Close | 17.38 |
| Day's Range | 17.32 - 17.55 |
| 52-Week Low | 16.34 |
| 52-Week High | 16.34 |
| Beta | 0.10 |
| 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.
News
It's anyone's game for gold next week as prices remain below $1,800
(Kitco News) - Gold investors should prepare for increased market volatility in the near term as sentiment is extremely mixed among Wall Street analysts, according to the latest Kitco News Weekly Gold s...
Gold price surges as new Covid strain surfaces
(Kitco News) - Gold prices are solidly higher in early U.S. trading Friday, on safe-haven demand and short covering by the futures traders, amid a potentially ominous development on the pandemic front.
Gold price remains well supported above $1,800 an ounce in 2022 - Scotiabank
(Kitco News) - Gold prices continue to languish below $1,800 an ounce as investors interpret the re-nomination of Jerome Powell to remain the head of the Federal Reserve as a hawkish development for mon...
Commerzbank analyse the current pressure gold is facing
(Kitco News) - Commerzbank commodities analyst Daniel Briesemann has written an article pointing out that the yellow metal still remains under pressure. He noted, "Gold once again found itself under pre...
Gold price remains in neutral as Fed sees stickier inflation but not ready to raise interest rates
(Kitco News) - Despite some volatility Wednesday, the gold market is back in neutral territory, and according to some analysts, the precious metal remains supported by the minutes from the Federal Reser...
Gold near steady, shows little initial reaction to FOMC minutes
(Kitco News) - Gold and silver prices are trading not far from unchanged in afternoon U.S. trading Wednesday, after huge day for U.S. economic data that produced not much markets reaction.
Gold prices remain in negative territory following 0.4% drop in U.S. new home sales
(Kitco News) - The gold market can't catch a bid even as fewer consumers bought new homes last month. According to some economists the latest sales data highlights slower momentum in the housing sector,...
Gold price sees some selling pressure following 4.1% in core PCE Index
(Kitco News) - Gold is seeing some mild selling pressure after the U.S. annual core Personal Consumption Expenditures price index came in line with expectations in October, rising 4.1%.
Gold prices holding steady as U.S. jobless claims fall to lowest level since 1969
(Kitco News) - The U.S. labor market hit another milestone last week as less than 200,000 American's applied for first-time unemployment benefits. Gold prices are holding firm in the face of the latest ...
Gold price faces a new wave of selling pressure watch support at $1,761 - analysts
(Kitco News) - The gold market is struggling to find some footing as prices slide further below $1,800 an ounce again and analysts are expecting to see some further pain in the near term.
Latest gold selloff could be a buying opportunity ahead of Q1 rally - Standard Chartered
(Kitco News) - The gold market's latest price drop could be a buying opportunity as the Federal Reserve is still expected to be in no hurry to raise interest rates despite who is sitting at the head of ...
Gold prices dropping sharply as President Biden nominates Powell to remain Federal Reserve Chair
(Kitco News) - A steady-as-it-goes approach to monetary policy is creating new selling pressure for gold as President Joe Biden plans to keep Jerome Powell as head of the Federal Reserve.
Gold price technical analysis: Support level in focus
(Kitco News) - Gold has retraced somewhat in the European session and is now -0.66% lower on the day. The price of the precious metal has been climbing recently but all the talk of a faster taper from F...
'Gold has actually been pretty resilient,' Boockvar says
Peter Boockvar from Bleakley Advisory Group and Credit Suisse Chief U.S. Equity Strategist Jonathan Golub join 'Closing Bell' to discuss gold as an option for investors right now.
Is Fed making a mistake? Big market risk ahead as gold looks to $1,900 – analysts
(Kitco News) - According to analysts, with all eyes on the U.S. President Joe Biden's Federal Reserve Chair pick, gold is waiting for its next catalyst to take it to $1,900 an ounce, with markets eyeing...
Global gold supply growth to slow over next two years - report
(Kitco News) - In 2021, world gold supply is forecast to increase by 2.7% to 4,840 tonnes, driven by higher gold mine production in Australia, the US and Canada, but this supply growth will slow to an a...