Continuum Advisory LLC Purchases 15,866 Shares of VanEck Merk Gold ETF $OUNZ

Continuum Advisory LLC boosted its position in VanEck Merk Gold ETF (NYSEARCA:OUNZ) by 57.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,369 shares of the company’s stock after purchasing an additional 15,866 shares during the period. Continuum Advisory LLC’s holdings in VanEck Merk Gold ETF were worth $1,674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. JFS Wealth Advisors LLC bought a new position in shares of VanEck Merk Gold ETF during the second quarter valued at approximately $31,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of VanEck Merk Gold ETF in the fourth quarter worth approximately $37,000. Parallel Advisors LLC bought a new stake in shares of VanEck Merk Gold ETF during the 3rd quarter worth approximately $38,000. Mpwm Advisory Solutions LLC bought a new stake in shares of VanEck Merk Gold ETF during the 3rd quarter worth approximately $56,000. Finally, Scarborough Advisors LLC purchased a new position in VanEck Merk Gold ETF during the 1st quarter valued at $58,000.

Key VanEck Merk Gold ETF News

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

• Positive Sentiment: Lower yields and a less-hawkish Fed tone supported gold. Comments from Fed Governor Christopher Waller and softer labor-market signals reduced expectations for near-term rate hikes, while Treasury yields and the dollar pulled back. That lowered gold’s opportunity cost and helped fuel the rally. Gold price nears $4,500 as jobs data, Waller ease yield pressure
• Positive Sentiment: Technical momentum improved. Gold broke above near-term resistance and reclaimed important support levels, with analysts identifying potential targets near $4,852 and beyond. A sustained move above the 200-day moving average could attract additional momentum-driven buying. Gold Price Forecast: Breakout Targets $4,852 and Beyond
• Positive Sentiment: Central-bank demand remains a major support. Central banks bought a net 23 tonnes of gold in July, led by China and Poland. Analysts at Société Générale, RBC and Goldman Sachs also maintained bullish outlooks, citing reserve diversification, de-dollarization, debt and currency-debasement concerns. Central banks add 23 net tonnes of gold in July
• Positive Sentiment: Geopolitical and fiscal concerns are reinforcing safe-haven demand. The Netherlands moved roughly 86 tonnes of gold from North America to London for crisis preparedness, highlighting heightened concern over geopolitical risks and reserve accessibility. Dutch central bank moves gold bars out of U.S. and Canada
• Neutral Sentiment: Friday’s U.S. payrolls report is the next key catalyst. A stronger-than-expected report could lift yields and pressure gold, while weak employment data may extend the rally. Gold Price Forecast: $4,500 Test Sets Stage for NFP
• Negative Sentiment: Risks remain from resilient economic data and elevated yields. August’s ISM Services PMI exceeded expectations, and 10-year Treasury yields remain high, potentially limiting gold’s upside and creating volatility for OUNZ. Gold price after ISM Services PMI rises

VanEck Merk Gold ETF Stock Up 1.9%

Shares of VanEck Merk Gold ETF stock opened at $43.01 on Friday. The stock’s fifty day moving average is $40.68 and its two-hundred day moving average is $43.43. The company has a market capitalization of $2.77 billion, a PE ratio of 6.97 and a beta of 0.19. VanEck Merk Gold ETF has a 52 week low of $34.05 and a 52 week high of $53.35.

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.