NYSEARCA:OUNZ

Vaneck Merk Gold Trust ETF News

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$41.51
-1.57 (-3.64%)
At Close: Jun 05, 2026
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
Falling Treasury yields provided additional support to gold markets.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter
Powell's cautious tone and the market's increasing bets on rate cuts are likely to keep pressure on the U.S. Dollar Index.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter
The gold market looks likely to be positive overall, and I think that at this point in time the market is waiting for the crucial CPI and PPI numbers in the US.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter
The Fed signals potential rate cuts amid economic uncertainty, boosting gold's safe-haven appeal and likely strengthening its position.

Is Gold Price Dropping?

07:07am, Wednesday, 10'th Jul 2024
Pivotal factors influencing gold price.
Gold prices reached an intraday high of $2,370 amid speculation of Fed rate cuts, bolstering the uptrend.
Gold consolidates on 50-Day MA support, setting the stage for a potential breakout towards new highs, maintaining a bullish outlook despite recent sideways movement.
Gold markets did not show strong reaction to Fed Chair Powell's testimony.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter
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