VanEck Merk Gold ETF (NYSEARCA:OUNZ) Sees Strong Trading Volume – Still a Buy?

Shares of VanEck Merk Gold ETF (NYSEARCA:OUNZ) saw an uptick in trading volume on Thursday . 9,511,604 shares traded hands during mid-day trading, an increase of 361% from the previous session’s volume of 2,062,635 shares.The stock last traded at $50.5360 and had previously closed at $51.75.

Trending Headlines about VanEck Merk Gold ETF

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

• Positive Sentiment: Bull market fundamentals: analysts and the World Gold Council argue the 2025–26 rally reflects structural demand (central bank buying, weak dollar, safe?haven flows), a tailwind for physically backed funds like OUNZ. Gold’s record run in 2025 marked a structural shift
• Positive Sentiment: Institutional and large allocators adding gold (e.g., Tether signalling a meaningful allocation) increases physical demand, which supports NAVs of gold ETFs. Tether aims to allocate up to 15% of its portfolio to gold
• Positive Sentiment: Momentum among gold ETFs has accelerated as bullion approaches new psychological levels, which can drive inflows into leading funds such as OUNZ. Gold ETFs Hit Elite Momentum Tier
• Neutral Sentiment: OUNZ is seeing unusually high turnover versus its average volume, and its price sits well above the 50? and 200?day moving averages — this indicates strong interest but also raises volatility and rebalancing risk. MarketBeat OUNZ quote
• Negative Sentiment: Near?term technical risk and profit?taking: several outlets report intraday pullbacks and warnings of a technical correction after vertical gains — this can pressure OUNZ on flows and intraday NAV moves. Gold, silver back down from record highs on profit taking Gold dives 3% amid profit-taking
• Negative Sentiment: “Blow?off”/overbought warnings and Fed commentary: some analysts compare the run to 1980 blow?offs and Fed officials have downplayed a loss of credibility — both increase the risk of sharp reversals in bullion and OUNZ. This Looks Like 1980: Gold and Silver Enter Blow-Off Madness Powell dismisses gold’s rally above $5,300

VanEck Merk Gold ETF Price Performance

The firm’s 50-day moving average is $42.73 and its two-hundred day moving average is $38.13. The company has a market cap of $3.10 billion, a P/E ratio of 6.97 and a beta of 0.08.

Institutional Investors Weigh In On VanEck Merk Gold ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers lifted its position in VanEck Merk Gold ETF by 2.5% in the second quarter. Cetera Investment Advisers now owns 1,697,363 shares of the company’s stock worth $54,129,000 after buying an additional 41,299 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of VanEck Merk Gold ETF by 16.3% during the 3rd quarter. Van ECK Associates Corp now owns 1,456,023 shares of the company’s stock worth $54,150,000 after purchasing an additional 203,956 shares during the period. Envestnet Asset Management Inc. grew its holdings in VanEck Merk Gold ETF by 11.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,024,698 shares of the company’s stock valued at $38,109,000 after purchasing an additional 105,657 shares during the last quarter. Ameriprise Financial Inc. raised its position in VanEck Merk Gold ETF by 3.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 798,267 shares of the company’s stock worth $29,689,000 after purchasing an additional 27,398 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in VanEck Merk Gold ETF by 38.4% in the second quarter. Raymond James Financial Inc. now owns 791,392 shares of the company’s stock worth $25,237,000 after purchasing an additional 219,422 shares during the last quarter.

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.