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VanEck Merk Gold Trust (OUNZ)

Commodities Focused | Exchange Traded Fund | NYSEArca
42.88 USD -1.40 (-3.162%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 42.44 -0.44 (-0.440%) ⇩ (Aug. 28, 2026, 7:58 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:26 a.m. EDT

The VanEck Merk Gold Trust is currently acting as a pure play on gold prices, offering no income stream as it distributes no dividends. While the underlying commodity has shown a robust multi-year trend, rising nearly 145% over the last nine years with no recent annual declines, the trust itself is facing headwinds from a weak statistical forecast predicting a small drop over the next 45 days. This disconnect suggests the broader market may be taking profits or hedging against volatility in the near term, even as the long-term thesis for gold remains intact. The lack of a dividend yield makes this a speculative vehicle rather than a core holding, suitable only for investors willing to accept zero income in exchange for exposure to precious metals.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.038872
AutoETS0.040294
AutoTheta0.041018
MSTL0.045778

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 46%
H-stat 1.30
Ljung-Box p 0.000
Jarque-Bera p 0.024
Excess Kurtosis -0.15

As of Aug. 22, 2026, 2:26 a.m. EDT: Speculators are positioning for a moderate upside move over the next few months, evidenced by heavy open interest in out-of-the-money calls (strikes 50 and 55) relative to puts. However, there is a distinct defensive hedge being placed via significant volume in near-term puts (specifically the 46 strike with high volume vs low open interest), suggesting traders fear a pullback despite the bullish bias in longer-dated contracts.


Info Dump

Attribute Value
All Time High 53.35
All Time Low 10.43
Ask 42.84
Ask Size 13,000
Average Daily Volume10 Day 623,610
Average Daily Volume3 Month 680,895
Average Volume 680,895
Average Volume10Days 623,610
Beta3 Year 0.31
Bid 42.83
Bid Size 2,100
Category Commodities Focused
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 44.45
Day Low 42.7199
Dividend Yield 0.0
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 40.4038
Fifty Day Average Change 2.4762
Fifty Day Average Change Percent 0.061286315
Fifty Two Week Change Percent 29.929579
Fifty Two Week High 53.35
Fifty Two Week High Change -10.469997
Fifty Two Week High Change Percent -0.19625112
Fifty Two Week Low 33.515
Fifty Two Week Low Change 9.365002
Fifty Two Week Low Change Percent 0.27942717
Fifty Two Week Range 33.515 - 53.35
First Trade Date Milliseconds 1,400,247,000,000
Five Year Average Return 0.20128731
Full Exchange Name NYSEArca
Fullday Change -1.4
Fullday Change Percent -3.16169
Fullday Price 42.44
Fund Family Merk Funds
Fund Inception Date 1,400,198,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Name VanEck Merk Gold Trust
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_204714357
Nav Price 44.14
Net Assets 2,537,708,290.0
Net Expense Ratio 0.25
Open 44.21
Phone (866) 637-5386
Post Market Change -0.44000244
Post Market Change Percent -1.0261251
Post Market Price 42.44
Post Market Time 1,787,961,497
Previous Close 44.28
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.4
Regular Market Change Percent -3.16169
Regular Market Day High 44.45
Regular Market Day Low 42.7199
Regular Market Day Range 42.7199 - 44.45
Regular Market Open 44.21
Regular Market Previous Close 44.28
Regular Market Price 42.88
Regular Market Time 1,787,947,200
Regular Market Volume 1,479,150
Short Name VanEck Merk Gold ETF
Source Interval 15
Symbol OUNZ
Three Year Average Return 0.3369363
Total Assets 2,537,708,288
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -12.2973
Trailing Three Month Returns -12.2973
Triggerable 1
Two Hundred Day Average 43.41995
Two Hundred Day Average Change -0.5399475
Two Hundred Day Average Change Percent -0.012435471
Type Disp ETF
Volume 1,479,150
Yield 0.0
Ytd Return -6.19128