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VanEck Merk Gold Trust (OUNZ)

Commodities Focused | Exchange Traded Fund | NYSEArca
40.05 USD -0.05 (-0.125%) ⇩ (Oct. 16, 2026, 4 p.m. EDT)
After hours: 39.95 -0.10 (-0.100%) ⇩ (Oct. 16, 2026, 6:13 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 4:10 a.m. EDT

The VanEck Merk Gold Trust is currently a neutral hold, caught between a massive long-term recovery and a lack of immediate catalysts. Over the last nine years, the trust has delivered an exceptional +209.54% cumulative return, driven by a relentless six-year streak of positive annual gains culminating in a +52.33% surge in the most recent year. This trajectory confirms the thesis that gold has successfully re-rated as a core portfolio asset. However, the short-term outlook lacks a clear directional edge; the price is trading below both its 50-day and 200-day moving averages, indicating lingering technical weakness despite the strong yearly performance. Furthermore, the trust offers no dividend income whatsoever, making it purely a speculative vehicle on commodity prices rather than an income generator. While the long-term trend is undeniably bullish, the absence of a confirmed breakout above key resistance levels and the lack of dividend support warrant a cautious stance until momentum clearly shifts higher.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.073887
AutoARIMA0.075763
MSTL0.075894
AutoTheta0.102353

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 56%
H-stat 0.98
Ljung-Box p 0.000
Jarque-Bera p 0.900
Excess Kurtosis -0.22

As of Oct. 10, 2026, 4:10 a.m. EDT: Speculators are positioning for a modest upside move, evidenced by heavy out-of-the-money call open interest at strikes significantly above current prices (42, 50, 55) compared to negligible put volume. Implied volatility is elevated for near-term expirations, suggesting a fear of a sharp spike rather than a crash, while the lack of deep put positioning indicates limited hedging against a major downturn.


Info Dump

Attribute Value
All Time High 53.35
All Time Low 10.43
Ask 40.5
Ask Size 1,600
Average Daily Volume10 Day 411,590
Average Daily Volume3 Month 583,382
Average Volume 583,382
Average Volume10Days 411,590
Beta3 Year 0.35
Bid 39.75
Bid Size 34,200
Category Commodities Focused
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 40.33
Day Low 39.92
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 41.6186
Fifty Day Average Change -1.5685997
Fifty Day Average Change Percent -0.037689872
Fifty Two Week Change Percent -5.0272703
Fifty Two Week High 53.35
Fifty Two Week High Change -13.299999
Fifty Two Week High Change Percent -0.24929708
Fifty Two Week Low 37.69
Fifty Two Week Low Change 2.3600006
Fifty Two Week Low Change Percent 0.062616095
Fifty Two Week Range 37.69 - 53.35
First Trade Date Milliseconds 1,400,247,000,000
Five Year Average Return 0.1843299
Full Exchange Name NYSEArca
Fullday Change -0.14999771
Fullday Change Percent -0.37405914
Fullday Price 40.05
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 40.1
Net Assets 2,689,784,060.0
Net Expense Ratio 0.25
Open 39.97
Phone (866) 637-5386
Post Market Change -0.099998474
Post Market Change Percent -0.24968408
Post Market Price 39.95
Post Market Time 1,792,188,784
Previous Close 40.1
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.0499992
Regular Market Change Percent -0.124686
Regular Market Day High 40.33
Regular Market Day Low 39.92
Regular Market Day Range 39.92 - 40.33
Regular Market Open 39.97
Regular Market Previous Close 40.1
Regular Market Price 40.05
Regular Market Time 1,792,180,800
Regular Market Volume 299,128
Short Name VanEck Merk Gold ETF
Source Interval 15
Symbol OUNZ
Three Year Average Return 0.2902287
Total Assets 2,689,784,064
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 3.41969
Trailing Three Month Returns 3.41969
Triggerable 1
Two Hundred Day Average 43.4643
Two Hundred Day Average Change -3.414299
Two Hundred Day Average Change Percent -0.0785541
Type Disp ETF
Volume 299,128
Yield 0.0
Ytd Return -3.8304