VanEck Merk Gold ETF (NYSEARCA:OUNZ – Get Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $48.99 and last traded at $49.0050, with a volume of 198263 shares trading hands. The stock had previously closed at $47.95.
Key VanEck Merk Gold ETF News
Here are the key news stories impacting VanEck Merk Gold ETF this week:
- Positive Sentiment: Gold hit fresh record highs and extended a rapid rally, boosting investor demand for gold ETFs and related products. Gold races to $5,100 record peak on safe-haven demand
- Positive Sentiment: Mainstream coverage of gold topping $5,000 has reinforced the safe‑haven narrative, attracting flows into bullion ETFs and miners. Another day another high: Gold surges past $5,000 as investors seek shelter from global risks
- Positive Sentiment: Analysts and central‑bank buying expectations suggest more upside for gold, supporting continued ETF inflows. Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say
- Positive Sentiment: Mining stocks soared alongside gold, a sign of broad market confirmation that can feed investor appetite for gold exposure. Newmont, Freeport, and Other Mining Stocks Jump as Gold Surges. More Gains Are Ahead.
- Positive Sentiment: Notable flows: trader Bill Baruch reportedly sold a rival trust and bought OUNZ, a direct endorsement that can lift ETF demand. Trade Tracker: Bill Baruch sells the CEF Gold & Silver Trust and buys the Ounz Merk Gold ETF
- Neutral Sentiment: U.S. economic data (durable goods) surprised to the upside but barely dented gold’s move higher, suggesting macro drivers are currently dominating. U.S. durable goods rise sharply in November barely impacts gold move above $5,000
- Neutral Sentiment: Technical and intraday commentaries map entry/exit levels for traders but do not materially change the broader bullish backdrop. Gold market analysis for January 26 – key intra-day price entry levels for active traders
- Neutral Sentiment: Forecast pieces project further gains driven by weak dollar and geopolitics, but these are scenario plays rather than immediate drivers. Gold (XAUUSD) & Silver Price Forecast: Gold Above $5,000, Silver Over $105 – Is This Just the Start?
- Negative Sentiment: Some analysts warn the rally is parabolic and correction risk is rising ahead of a key Fed meeting, which could introduce volatility and profit‑taking in gold/ETFs. Gold News: XAU Breakout Above $5000 Driven by Geopolitical Chaos & Weak Dollar
VanEck Merk Gold ETF Price Performance
The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 6.97 and a beta of 0.08. The business has a fifty day simple moving average of $42.07 and a 200 day simple moving average of $37.80.
Institutional Investors Weigh In On VanEck Merk Gold ETF
VanEck Merk Gold ETF Company Profile
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.
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