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VanEck Merk Gold Trust (OUNZ)

Commodities Focused | Exchange Traded Fund | NYSEArca
46.69 USD +0.60 (1.302%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 46.54 -0.15 (-0.152%) ⇩ (April 17, 2026, 7:56 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:29 p.m. EDT

OUNZ (VanEck Merk Gold Trust) exhibits classic defensive equity characteristics with a neutral short-term technical outlook but a strong strategic hold for the long term. Recent price action (ranging 43-47) suggests a stabilization after the $53 high, rebalancing around the $50 psychological barrier. While the underlying bullion narrative remains positive, the lack of dividends and flat short-term forecasting model stats (0.03% predicted movement) suggests holding rather than aggressive trading. This is a 'solid core holding' (4 stars) for a gold-backed portfolio, suitable for inflation hedging over multi-year horizons, but lacks the explosive momentum required for high-conviction short-term trades (3 stars).

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.054485
AutoTheta0.060316
AutoARIMA0.081959
MSTL0.085127

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 80%
H-stat 0.49
Ljung-Box p 0.000
Jarque-Bera p 0.324
Excess Kurtosis -0.51

As of April 18, 2026, 10:29 p.m. EDT: Speculative flow shows high Open Interest (OI) at out-of-the-money strikes for near-dates (April/May), specifically 47.0 and 50.0 for calls, suggesting a bullish cap on upside with buy-side concentration. However, significant inventory exists at lower strikes (36.0 - 45.0 range) for June and September maturities, with notable volume spikes at 46.0 in the September date. The ATM has negligible OIV in long-dated puts (Sept), indicating hedging is not the primary driver; rather, speculation is split between cautious upside bets and insurance-speculative buys below current price. Volatility is muted (ATM IV < 0.40 for longer dates), implying the market expects a choppy, low-volatility range within the current band.


Info Dump

Attribute Value
All Time High 53.35
All Time Low 10.43
Ask 46.57
Ask Size 3,000
Average Daily Volume10 Day 1,091,670
Average Daily Volume3 Month 2,171,330
Average Volume 2,171,330
Average Volume10Days 1,091,670
Beta3 Year 0.12
Bid 44.0
Bid Size 14,000
Category Commodities Focused
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 46.9701
Day Low 46.64
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 47.0944
Fifty Day Average Change -0.40439987
Fifty Day Average Change Percent -0.008587006
Fifty Two Week Change Percent 41.484844
Fifty Two Week High 53.35
Fifty Two Week High Change -6.66
Fifty Two Week High Change Percent -0.12483599
Fifty Two Week Low 30.515
Fifty Two Week Low Change 16.175
Fifty Two Week Low Change Percent 0.53006715
Fifty Two Week Range 30.515 - 53.35
First Trade Date Milliseconds 1,400,247,000,000
Five Year Average Return 0.21979201
Full Exchange Name NYSEArca
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 46.68
Net Assets 2,845,700,350.0
Net Expense Ratio 0.25
Open 46.64
Phone (866) 637-5386
Post Market Change -0.15159988
Post Market Change Percent -0.32469454
Post Market Price 46.5384
Post Market Time 1,776,470,215
Previous Close 46.09
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.599998
Regular Market Change Percent 1.3018
Regular Market Day High 46.9701
Regular Market Day Low 46.64
Regular Market Day Range 46.64 - 46.9701
Regular Market Open 46.64
Regular Market Previous Close 46.09
Regular Market Price 46.69
Regular Market Time 1,776,456,000
Regular Market Volume 969,781
Short Name VanEck Merk Gold ETF
Source Interval 15
Symbol OUNZ
Three Year Average Return 0.3413797
Total Assets 2,845,700,352
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 8.52807
Trailing Three Month Returns 8.52807
Triggerable 1
Two Hundred Day Average 40.344376
Two Hundred Day Average Change 6.345623
Two Hundred Day Average Change Percent 0.15728644
Type Disp ETF
Volume 969,781
Yield 0.0
Ytd Return 8.52807