VanEck Merk Gold ETF (NYSEARCA:OUNZ) Sees Unusually-High Trading Volume – What’s Next?

VanEck Merk Gold ETF (NYSEARCA:OUNZ) saw strong trading volume on Thursday . 9,511,604 shares traded hands during 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.

VanEck Merk Gold ETF News Roundup

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

• Positive Sentiment: Citi says gold is still supported by overlapping geopolitical and economic risks — providing structural support for gold-linked ETFs like OUNZ even if some risk premia fade later in 2026. Citi sees gold supported by risks
• Positive Sentiment: Analysts characterize this sell-off as a healthy correction after an explosive rally — suggesting today’s weakness could be a buying opportunity for longer-term holders of OUNZ. Don’t panic: Analysts see sell-off as healthy correction
• Positive Sentiment: World Gold Council and other industry commentary continue to flag strong underlying demand and lower-for-longer rate expectations as structural bullish factors for gold and gold ETFs. Gold demand to remain strong – WGC
• Neutral Sentiment: Technical analysts point to a deep retracement that could either mark a tradable bottom (50% retracement zone) or precede further consolidation — expect choppy price action near key technical zones. 50% correction technical analysis
• Neutral Sentiment: Some forecasters see a near-term pause that could set up another leg higher into spring — implying timing matters for investors considering fresh exposure to OUNZ. Silver price forecast – pause then surge
• Negative Sentiment: Gold and silver plunged on heavy profit-taking after the Fed chair nomination of Kevin Warsh reduced perceived political risk to Fed independence, which removed a near-term bullish catalyst. Prices plunge after Warsh nomination
• Negative Sentiment: Coverage across Kitco, FXEmpire and Barron’s documents a sharp, multi-session sell-off and extreme intraday volatility — headline-driven exits amplified losses in bullion-linked ETFs like OUNZ. Price meltdowns after Fed pick
• Negative Sentiment: High trading volume and an outsized intraday swing suggest short-term liquidity-driven selling; investors using OUNZ for short-term exposure may see continued volatility until markets stabilize. Silver collapses as traders exit

VanEck Merk Gold ETF Price Performance

The business has a 50 day moving average price of $43.13 and a two-hundred day moving average price of $38.33. The stock has a market cap of $2.85 billion, a PE ratio of 6.97 and a beta of 0.08.

Institutional Trading of VanEck Merk Gold ETF

Large investors have recently modified their holdings of the company. Cetera Investment Advisers lifted its holdings in VanEck Merk Gold ETF by 2.5% during 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 period. Van ECK Associates Corp lifted 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 last quarter. Envestnet Asset Management Inc. boosted its position in VanEck Merk Gold ETF by 11.5% during the third 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 in the last quarter. Ameriprise Financial Inc. grew its stake in VanEck Merk Gold ETF by 3.6% in the third quarter. Ameriprise Financial Inc. now owns 798,267 shares of the company’s stock valued at $29,689,000 after purchasing an additional 27,398 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings 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 in the last quarter.

About VanEck Merk Gold ETF

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.