VanEck Merk Gold ETF (NYSEARCA:OUNZ) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Posted by Geri Gentry on Jun 12th, 2026

Shares of VanEck Merk Gold ETF (NYSEARCA:OUNZ – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $44.80 and traded as low as $39.24. VanEck Merk Gold ETF shares last traded at $39.25, with a volume of 1,192,151 shares.

Key Stories Impacting VanEck Merk Gold ETF

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

Positive Sentiment: Gold and silver rebounded late Friday as spot prices firmed, helped by lower Treasury yields, weaker oil, and renewed demand for safe-haven assets amid U.S.-Iran talk headlines. Precious metals firm as crude slides, stocks rise on U.S.-Iran talks – Kitco PM Report
Positive Sentiment: Analysts said gold is showing signs of a possible bottom after defending key support near $4,000, suggesting the recent selloff may be losing momentum. Gold holds key $4,000 support as analysts watch for signs of a bottom
Positive Sentiment: Gold and silver also benefited from Middle East geopolitical risk and U.S.-Iran deal hopes, which weakened the dollar and encouraged buyers to step back in. Gold and Silver Price Forecast: US-Iran Deal Hopes Lift XAUUSD and XAGUSD
Neutral Sentiment: CME’s plan to offer 24/7 gold trading highlights growing demand for around-the-clock access to the metal, but the change is more of a structural market development than an immediate ETF catalyst. CME to offer 24/7 gold and oil trading
Negative Sentiment: Several reports noted gold remains in a broader downtrend after breaking down from recent highs, with traders warning that rising Fed hike odds and persistent inflation pressures could keep bullion under strain. Gold (XAUUSD) Price Forecast: Death Cross Threatens Gold Price as Fed Hike Bets Rise
Negative Sentiment: Gold’s recent drop below key support and the move into bear-market territory have raised concerns that the ETF could stay weak if buyers do not defend current levels. Don’t fear a drop below $4,000, gold’s bull market isn’t broken – Thorsten Polleit

VanEck Merk Gold ETF Stock Up 0.1%

The stock has a fifty day moving average of $44.14 and a two-hundred day moving average of $44.78. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 6.97 and a beta of 0.14.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. LPL Financial LLC grew its holdings in VanEck Merk Gold ETF by 10.0% during the fourth quarter. LPL Financial LLC now owns 3,190,689 shares of the company’s stock worth $132,350,000 after acquiring an additional 290,206 shares during the period. Van ECK Associates Corp grew its holdings in VanEck Merk Gold ETF by 26.7% during the fourth quarter. Van ECK Associates Corp now owns 1,844,154 shares of the company’s stock worth $76,496,000 after acquiring an additional 388,131 shares during the period. Ameriprise Financial Inc. grew its holdings in VanEck Merk Gold ETF by 3.6% during the third quarter. Ameriprise Financial Inc. now owns 798,267 shares of the company’s stock worth $29,689,000 after acquiring an additional 27,398 shares during the period. Raymond James Financial Inc. grew its holdings in VanEck Merk Gold ETF by 38.4% during the second quarter. Raymond James Financial Inc. now owns 791,392 shares of the company’s stock worth $25,237,000 after acquiring an additional 219,422 shares during the period. Finally, Asset One Wealth Management LLC acquired a new position in VanEck Merk Gold ETF during the fourth quarter worth $33,578,000.

VanEck Merk Gold ETF Company Profile

(Get Free Report)

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.