VanEck Merk Gold Trust (OUNZ)

NYSEARCA: OUNZ · IEX Real-Time Price · USD
19.96
-0.03 (-0.15%)
Dec 29, 2023, 4:00 PM EST - Market closed
-0.15%
Assets $770.86M
Expense Ratio 0.25%
PE Ratio 6.97
Shares Out n/a
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return +13.47%
Volume 958,482
Open 19.93
Previous Close 19.99
Day's Range 19.91 - 20.01
52-Week Low 17.53
52-Week High 20.16
Beta n/a
Holdings 1
Inception Date May 16, 2014

About OUNZ

Fund Home Page

The VanEck Merk Gold Trust (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

News

Investors Shouldn't Ignore Gold's 2023 Rally. Why 2024 Could Bring More Gains.

Gold's rally has been driven by hopes of lower U.S. interest rates and a weaker dollar.

Other symbols: AAAUGLDGLDMIAUIAUFUGL
22 hours ago - Barrons

3-Stock Lunch: CRM, DG & Gold

Boris Schlossberg, BK Asset Management managing director, joins 'Power Lunch' to discuss three stocks: Salesforce, Dollar General and Gold.

2 days ago - CNBC Television

2024 Global Economy: Bracing for Slowdown, Not Recession

Fitch forecasts 2.1% global growth in 2024, down from 2.9%, urging investors towards defensive stocks, bonds, and diverse assets for stability.

2 days ago - FXEmpire

The fundamentals behind silver is always better than gold: Wheaton Precious Metals CEO

Randy Smallwood, Wheaton Precious Metals CEO, joins 'Money Movers' to discuss the outlook for gold and silver prices.

2 days ago - CNBC Television

Gold, Silver, Platinum Forecasts – Gold Remains Stuck Near $2065 As Traders Wait For Catalysts

Platinum pulled back towards the $1000 level amid profit-taking.

Other symbols: AAAUGLDGLDMIAUIAUFUGL
2 days ago - FXEmpire

Gold Forecast – Expect Much Higher Gold Prices in 2024

Gold is very close to a historic breakout, and sub-$2000 prices may become a distant memory.

2 days ago - FXEmpire

Gold Weekly Price Forecast – Gold Markets Struggle at Highs

Gold markets have been a bit noisy over the last couple of weeks, but that makes sense as we are at the end of the year. That being said, we are also near recent highs and struggling.

2 days ago - FXEmpire

Gold, Silver, Copper Daily Forecast: Navigating Market Expectations

Gold remains bullish despite a minor correction, with expectations of Fed rate cuts strengthening its appeal; set to end 2023 with over 13.50% gains

Other symbols: AAAUGLDGLDMIAUIAUFUGL
2 days ago - FXEmpire

Gold Price Forecast – Gold Markets Quiet Heading Into New Year's Day

Gold markets were very quiet on Friday as one would expect, due to the fact that most traders are focusing on holidays and not sitting at the terminals.

2 days ago - FXEmpire

The Fed Alone Can't Make Gold Sparkle in 2024

Though potential interest-rate cuts are a positive for the precious metal, this year's experience shows that many other factors are at play.

Other symbols: AAAUGLDGLDMIAUIAUFUGL
2 days ago - WSJ

Gold Prices Forecast: Upside Momentum Expected to Extend into 2024

Gold prices in 2023 have surged, driven by rate cut expectations and global tensions, marking the most significant annual gain in three years.

2 days ago - FXEmpire

Navigating Gold's Path: Trends, Targets, and Signs of Short-Term Weakness

As Gold tests limits, a bearish reaction at 2,091 suggests caution. Support at 2,031 becomes pivotal as the precious metal aims for a sustainable ascent.

Other symbols: AAAUGLDGLDMIAUIAUFUGL
3 days ago - FXEmpire

Gold, Silver, Platinum Forecasts – Gold Pulls Back Amid Profit-Taking

Platinum managed to climb above the key $1000 level.

Other symbols: AAAUGLDGLDMIAUIAUFUGL
3 days ago - FXEmpire

Gold Price Forecast – Gold Markets Continue to Look Upwards Despite Pullback

Gold initially tried to rally on the Thursday session but seem to find going higher a bit challenging later in the day.

3 days ago - FXEmpire

Gold, Silver, Copper Daily Forecast: Bullish Trends and Key Levels

Gold's sustained appeal, reflected in its steady prices around $2,078, is bolstered by investor optimism about Fed rate cuts, driving a modest rise in February futures amid cooling U.S. inflation.

Other symbols: AAAUGLDGLDMIAUIAUFUGL
3 days ago - FXEmpire

Gold is ending 2023 with a record-breaking run. Here's why.

Gold prices are ending a big year on an up note, ripping to another record this week as Treasury yields and the dollar extend declines on expectations the Federal Reserve will soon be cutting interest...

Other symbols: AAAUGLDGLDMIAUIAUFUGL
3 days ago - Market Watch

Gold Prices Forecast: XAU/USD Hits Three-Week High Amid Rate Cut Hopes

U.S. rate cut anticipation and global tensions drive gold (XAU/USD) to record highs, bullish outlook seen.

3 days ago - FXEmpire

Striking Gold: Charting the Path to New Highs and Targets

As gold tests resistance at 2,082, the series of higher daily lows and signs of buyer dominance hint at a continued upward trajectory.

Other symbols: AAAUGLDGLDMIAUIAUFUGL
4 days ago - FXEmpire

Gold, Silver, Platinum Forecasts – Gold Tests $2080 As Dollar Dives Towards New Lows

U.S. dollar's weakness serves as the key bullish catalyst for precious metals.

Other symbols: AAAUGLDGLDMIAUIAUFUGL
4 days ago - FXEmpire

Gold Price Forecast – Gold Markets Continue to Find Buyers on Dips

The gold market had initially pulled back just a bit during the trading session on Wednesday, only to turn around and show signs of life again.

4 days ago - FXEmpire

Gold, Silver, Copper Daily Forecast: Bullish Gold Amid Rate Cut Hopes

Gold prices, currently at $2,064.84 an ounce, are poised for significant gains in 2023 due to anticipated Federal Reserve interest rate cuts, potentially starting as early as March 2024.

4 days ago - FXEmpire

Gold Prices Forecast: Economic, Geopolitical Factors Bolster XAU/USD's Appeal

Gold (XAU/USD) prices rise steadily amid global tensions, U.S. rate cut expectations, and a weaker dollar, highlighting its stability as an investment.

4 days ago - FXEmpire

Gold's Resilience: Multi-Timeframe Bullish Signals Hint at Upside

Gold's strength is evident across various timeframes, from the monthly chart confirming a bullish continuation to weekly signals post-retracement, suggesting a potential upside breakthrough.

Other symbols: AAAUGLDGLDMIAUIAUFUGL
5 days ago - FXEmpire

Gold, Silver, Platinum Forecasts – Gold Gains Ground As Dollar Falls Towards Multi-Month Lows

Demand for precious metals stays strong as traders focus on potential rate cuts in the first half of the next year.

Other symbols: AAAUGLDGLDMIAUIAUFUGL
5 days ago - FXEmpire

Gold Price Forecast – Gold Markets Rally Slightly on Tuesday

Gold markets have rallied just a bit during the trading session on Tuesday, as we continue to see plenty of buying opportunity.

5 days ago - FXEmpire