VanEck Merk Gold ETF (NYSEARCA:OUNZ) Hits New 12-Month High – Here’s What Happened

Shares of VanEck Merk Gold ETF (NYSEARCA:OUNZ) hit a new 52-week high on Tuesday . The stock traded as high as $45.72 and last traded at $45.6650, with a volume of 165547 shares traded. The stock had previously closed at $44.09.

Key Stories Impacting VanEck Merk Gold ETF

Here are the key news stories impacting VanEck Merk Gold ETF this week:

• Positive Sentiment: Geopolitical/tariff fears (Trump comments on Greenland and potential European tariffs) have triggered a flight to safety, sending gold to record highs and powering ETF inflows. Gold (XAUUSD) Price Forecast: Record Gold Rally Targets $5,000 on Trump Tariff Fears
• Positive Sentiment: Broader “sell America” flows—U.S. dollar and Treasury weakness—are amplifying safe‑haven demand for gold, supporting higher prices that typically lift OUNZ. ‘This is sell America’ — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
• Positive Sentiment: Technical momentum and analyst forecasts point to further upside for bullion (multiple outlets highlighting fresh record highs and path toward $5,000), which supports continued investor interest in gold ETFs. Strong price gains, record highs in gold, silver on risk aversion
• Neutral Sentiment: Short interest in OUNZ rose in December (reported increase), which could amplify volatility — higher short interest can mean added downside risk but also potential for short covering. VanEck Merk Gold ETF (NYSEARCA:OUNZ) Short Interest Up 23.5% in December
• Neutral Sentiment: ONTHEBOOK technicals: OUNZ is trading above its 50‑day and 200‑day moving averages and near its one‑year high — a bullish backdrop, but today’s volume is below the ETF’s average, so watch whether flows and volume confirm the move.
• Negative Sentiment: Some market commentators warn a short‑term technical correction could occur after the sharp run‑up in gold; that would pressure bullion‑linked ETFs like OUNZ if traders rotate back to risk assets. Gold Edges Lower on Likely Technical Correction

VanEck Merk Gold ETF Stock Up 3.6%

The firm has a 50 day moving average price of $41.51 and a 200 day moving average price of $37.38. The stock has a market cap of $2.73 billion, a PE ratio of 6.97 and a beta of 0.08.

Institutional Investors Weigh In On VanEck Merk Gold ETF

Several hedge funds have recently modified their holdings of the business. Cetera Investment Advisers boosted its stake in shares of VanEck Merk Gold ETF by 2.5% during the second quarter. Cetera Investment Advisers now owns 1,697,363 shares of the company’s stock valued at $54,129,000 after purchasing an additional 41,299 shares in the last quarter. Van ECK Associates Corp lifted its holdings in VanEck Merk Gold ETF by 16.3% during the third quarter. Van ECK Associates Corp now owns 1,456,023 shares of the company’s stock worth $54,150,000 after buying an additional 203,956 shares during the period. Envestnet Asset Management Inc. boosted its position in VanEck Merk Gold ETF by 11.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,024,698 shares of the company’s stock valued at $38,109,000 after acquiring an additional 105,657 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of VanEck Merk Gold ETF by 3.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 798,267 shares of the company’s stock valued at $29,689,000 after acquiring an additional 27,398 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of VanEck Merk Gold ETF by 38.4% in the 2nd quarter. Raymond James Financial Inc. now owns 791,392 shares of the company’s stock valued at $25,237,000 after acquiring an additional 219,422 shares during the period.

About VanEck Merk Gold ETF

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 managed by VanEck.