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

Posted by Brenda Bartman on Oct 30th, 2026

VanEck Merk Gold ETF (NYSEARCA:OUNZ – Get Free Report) hit a new 52-week low on Friday. The company traded as low as $37.70 and last traded at $37.6270, with a volume of 43,182 shares traded. The stock had previously closed at $38.63.

VanEck Merk Gold ETF News Roundup

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

Positive Sentiment: The Swiss National Bank reported a substantial third-quarter profit from its gold holdings, underscoring the value of central-bank exposure to bullion and offering a longer-term supportive signal for gold demand. Swiss central bank posts bumper $23bn profit as gold, foreign assets soar
Neutral Sentiment: The Federal Reserve held interest rates steady, but the split vote kept the possibility of another hike in December alive. Investors are now focused on inflation data, Treasury yields and whether gold can maintain support near $3,950–$4,000. Gold price drops to $4,035/oz as Fed votes 10-2 in favor of rate hold
Negative Sentiment: Persistent inflation, strong U.S. GDP growth and elevated real Treasury yields are increasing expectations that the Fed may maintain a tightening bias or raise rates. Higher yields raise the opportunity cost of holding non-interest-bearing gold. Gold and silver forecast as hot PCE lifts hike odds
Negative Sentiment: Gold has broken below $4,000, with analysts warning that a move through approximately $3,950—or potentially $3,900—could signal a deeper correction. Technical selling and resistance near recent highs are adding to downside pressure on OUNZ. Gold Price Forecast – Gold Drops Below $4000

VanEck Merk Gold ETF Stock Performance

The company has a 50-day moving average of $41.05 and a 200-day moving average of $43.29. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 6.97 and a beta of 0.18.

Institutional Trading of VanEck Merk Gold ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Morton Capital Management LLC CA grew its holdings in shares of VanEck Merk Gold ETF by 0.5% in the 3rd quarter. Morton Capital Management LLC CA now owns 3,535,862 shares of the company’s stock valued at $141,081,000 after acquiring an additional 16,512 shares in the last quarter. Ameritas Advisory Services LLC grew its holdings 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 worth $18,780,000 after purchasing an additional 235,673 shares in the last quarter. Accordant Advisory Group Inc increased its holdings in VanEck Merk Gold ETF by 2.3% in the 3rd quarter. Accordant Advisory Group Inc now owns 279,054 shares of the company’s stock valued at $11,134,000 after buying an additional 6,252 shares during the period. Solstein Capital LLC boosted its stake in VanEck Merk Gold ETF by 7.8% in the second quarter. Solstein Capital LLC now owns 280,248 shares of the company’s stock valued at $10,815,000 after buying an additional 20,294 shares in the last quarter. Finally, Smart Money Group LLC grew its position in VanEck Merk Gold ETF by 1.9% during the 1st quarter. Smart Money Group LLC now owns 238,905 shares of the company’s stock worth $10,763,000 after acquiring an additional 4,443 shares during 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.