VanEck Merk Gold ETF (NYSEARCA:OUNZ) Sets New 1-Year High – Still a Buy?

VanEck Merk Gold ETF (NYSEARCA:OUNZ) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $42.63 and last traded at $42.5640, with a volume of 51721 shares traded. The stock had previously closed at $41.76.

More 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 climbed above $4,500/oz as escalating geopolitical tensions (U.S.–Venezuela, China–Japan, Eastern Europe) lifted safe‑haven demand — a direct bullish driver for OUNZ. Gold Climbs Above $4,500/oz for First Time Amid Rising Geopolitical Tensions
• Positive Sentiment: Analysts and momentum plays are reinforcing the rally as gold surged to new record levels (~$4,498) and technical breakouts point to further upside — supportive for gold ETFs. Gold (XAU/USD) Price Forecast: New Record $4,498 – $4,552 Extension Next
• Positive Sentiment: Institutional demand and continued ETF/physical inflows are keeping the trend constructive, with market repositioning for 2026 Fed cuts adding to buying pressure. Gold (XAUUSD) & Silver Price Forecast:: Institutional Demand Keeps Trend Constructive
• Positive Sentiment: Large-scale physical flows: reports show hefty bilateral bullion purchases (China buying nearly $1bn from Russia), underpinning real physical demand globally. Largest bilateral gold trade in history? China buys nearly $1 billion in bullion from Russia in November alone
• Positive Sentiment: Big‑bank forecasts are bullish (JP Morgan, Goldman forecasts cited), supporting investor expectations for higher gold prices into 2026 — positive for OUNZ performance. JP Morgan sees gold at $5,055 by Q4 2026
• Neutral Sentiment: Market commentary and technical guides outline intra‑day entry levels and active trader strategies — useful to traders but less likely to change medium‑term flows by itself. Gold market analysis for December 23 – key intra-day price entry levels for active traders
• Neutral Sentiment: General guides on how to invest in gold outline ETF/futures/options choices — informative but not an immediate market mover. How to Invest in Gold
• Negative Sentiment: Short‑term pullbacks occurred intraday (spot gold slid after a drop in U.S. consumer confidence), showing that macro data can trigger temporary dips even amid the larger uptrend. Spot gold slides to session low after U.S. Consumer Confidence falls to 89.1 in December

VanEck Merk Gold ETF Price Performance

The company has a fifty day moving average price of $40.06 and a two-hundred day moving average price of $35.93. The company has a market capitalization of $2.56 billion, a P/E ratio of 6.97 and a beta of 0.08.

Hedge Funds Weigh In On VanEck Merk Gold ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Centaurus Financial Inc. lifted its holdings in shares of VanEck Merk Gold ETF by 5.1% during the third quarter. Centaurus Financial Inc. now owns 103,577 shares of the company’s stock worth $3,852,000 after purchasing an additional 4,999 shares during the period. Faithward Advisors LLC raised its position in VanEck Merk Gold ETF by 3.5% during the 3rd quarter. Faithward Advisors LLC now owns 124,798 shares of the company’s stock worth $4,641,000 after purchasing an additional 4,162 shares during the last quarter. Advisory Services Network LLC raised its position in VanEck Merk Gold ETF by 8.6% during the 3rd quarter. Advisory Services Network LLC now owns 181,043 shares of the company’s stock worth $6,733,000 after purchasing an additional 14,314 shares during the last quarter. Mariner LLC lifted its holdings in VanEck Merk Gold ETF by 252.0% during the 3rd quarter. Mariner LLC now owns 68,601 shares of the company’s stock worth $2,551,000 after buying an additional 49,113 shares during the period. Finally, Merk Investments LLC grew its position in shares of VanEck Merk Gold ETF by 38.2% in the 3rd quarter. Merk Investments LLC now owns 26,604 shares of the company’s stock valued at $989,000 after buying an additional 7,355 shares during the last quarter.

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.