VanEck Merk Gold ETF (OUNZ) News Today

VanEck Merk Gold ETF (NYSEARCA: OUNZ) has increased as gold prices rebound toward record levels. Because OUNZ invests primarily in physical gold, the ETF is benefiting from renewed demand for bullion and expectations that the Federal Reserve may keep interest rates steady.

• Positive Sentiment: Weak U.S. economic data supported gold. July retail sales fell 0.6%, well below expectations, while preliminary August consumer sentiment dropped to 51. The weaker data reinforced expectations for less restrictive Federal Reserve policy, helping spot gold approach $4,400 per ounce. Gold rallies to session high after retail sales drop
• Positive Sentiment: Inflation and rate expectations remain supportive. Softer July producer-price data, alongside a relatively benign consumer-price report, has reduced rate-hike expectations and eased Treasury yields. Lower real yields generally improve gold’s appeal because bullion does not pay interest. Gold and silver price forecast
• Positive Sentiment: Longer-term demand expectations are bullish. UBS said falling real rates, a weaker U.S. dollar and continued sovereign buying could push gold toward $5,000 per ounce in the first half of 2027. An LBMA survey also placed the average year-end forecast near $4,500. UBS sees gold challenging $5,000
• Neutral Sentiment: Gold’s outlook remains volatile. The metal has struggled to sustain moves near the $4,500 resistance level, and a firm dollar, changing Treasury yields and profit-taking have produced sharp intraday reversals. Gold price analysis
• Negative Sentiment: Near-term momentum has not been uniformly positive. Gold was still on track for a weekly decline, while mining shares weakened as the recent metals rally stalled. A sustained failure to break resistance could limit gains in OUNZ despite the supportive macroeconomic backdrop. U.S. futures fall; gold on track for weekly loss