VanEck Merk Gold ETF (NYSEARCA:OUNZ) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Posted by Stanley Muller on Sep 16th, 2026

VanEck Merk Gold ETF (NYSEARCA:OUNZ – Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $41.07 and traded as high as $41.49. VanEck Merk Gold ETF shares last traded at $41.16, with a volume of 743,048 shares changing hands.

VanEck Merk Gold ETF News Summary

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

Positive Sentiment: Easing Treasury yields and softer crude oil prices briefly supported gold ahead of the Fed announcement, providing a potential near-term stabilizer for OUNZ. Gold, silver prices rise as oil eases before Fed decision
Positive Sentiment: Some analysts view any pullback caused by higher rates as a longer-term buying opportunity, citing persistent inflation and gold’s potential appeal if monetary-policy risks eventually intensify. A hawkish Fed won’t keep gold price down for long
Neutral Sentiment: Technical analysts say gold remains in a falling-wedge pattern, leaving a bullish breakout possible if prices reclaim key resistance; however, the near-term trend remains fragile. Gold Forecast: Bearish Pressure Meets Falling Wedge
Neutral Sentiment: India’s gold imports plunged nearly 58% in August, signaling weaker physical demand from a major consumer, although this is partly offset by broader investment and central-bank demand. India’s gold imports fall 58% in August
Negative Sentiment: The Fed delivered the expected 25-basis-point rate hike, while 16 of 18 policymakers projected another increase in 2026. Chair Kevin Warsh’s inflation-focused comments reinforced a hawkish outlook, lifting the opportunity cost of holding non-yielding gold. Gold price drops after Fed rate hike
Negative Sentiment: Gold broke below 50-day support as Treasury yields moved above 5% and the stronger dollar pressured precious metals. A sustained break of nearby technical support could lead to additional downside for OUNZ. 10-Year Yield Above 5% Keeps Sellers in Control

VanEck Merk Gold ETF Price Performance

The firm has a market capitalization of $2.65 billion, a P/E ratio of 6.97 and a beta of 0.19. The company’s 50-day simple moving average is $41.11 and its two-hundred day simple moving average is $43.04.

Hedge Funds Weigh In On VanEck Merk Gold ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Waverly Advisors LLC purchased a new position in shares of VanEck Merk Gold ETF in the 2nd quarter worth $328,000. Tucker Asset Management LLC increased its holdings in shares of VanEck Merk Gold ETF by 106.3% in the 2nd quarter. Tucker Asset Management LLC now owns 26,819 shares of the company’s stock worth $1,035,000 after buying an additional 13,818 shares during the last quarter. Ameritas Advisory Services LLC raised its position in shares of VanEck Merk Gold ETF by 93.9% during the 2nd quarter. Ameritas Advisory Services LLC now owns 486,660 shares of the company’s stock valued at $18,780,000 after buying an additional 235,673 shares in the last quarter. Morling Financial Advisors LLC purchased a new stake in shares of VanEck Merk Gold ETF during the 2nd quarter valued at about $272,000. Finally, Continuum Advisory LLC raised its position in shares of VanEck Merk Gold ETF by 57.7% during the 2nd quarter. Continuum Advisory LLC now owns 43,369 shares of the company’s stock valued at $1,674,000 after buying an additional 15,866 shares in the last quarter.

About VanEck Merk Gold ETF

(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.