NYSEARCA:OUNZ

Vaneck Merk Gold Trust ETF News

etoro logo Buy OUNZ
*Your capital is at risk
$41.51
-1.57 (-3.64%)
At Close: Jun 05, 2026

3-Stock Lunch: CRM, DG & Gold

03:19pm, Friday, 29'th Dec 2023
Boris Schlossberg, BK Asset Management managing director, joins 'Power Lunch' to discuss three stocks: Salesforce, Dollar General and Gold.
Fitch forecasts 2.1% global growth in 2024, down from 2.9%, urging investors towards defensive stocks, bonds, and diverse assets for stability.
Platinum pulled back towards the $1000 level amid profit-taking.
Gold is very close to a historic breakout, and sub-$2000 prices may become a distant memory.
Markets stay calm as traders prepare for the next year.
Gold markets have been a bit noisy over the last couple of weeks, but that makes sense as we are at the end of the year. That being said, we are also near recent highs and struggling.
Gold remains bullish despite a minor correction, with expectations of Fed rate cuts strengthening its appeal; set to end 2023 with over 13.50% gains
Gold markets were very quiet on Friday as one would expect, due to the fact that most traders are focusing on holidays and not sitting at the terminals.
Gold prices in 2023 have surged, driven by rate cut expectations and global tensions, marking the most significant annual gain in three years.
As Gold tests limits, a bearish reaction at 2,091 suggests caution. Support at 2,031 becomes pivotal as the precious metal aims for a sustainable ascent.
Platinum managed to climb above the key $1000 level.
Gold initially tried to rally on the Thursday session but seem to find going higher a bit challenging later in the day.
Unexpected rise in unemployment claims indicates a shifting job market, despite a stable four-week average and mixed state trends.
Gold's sustained appeal, reflected in its steady prices around $2,078, is bolstered by investor optimism about Fed rate cuts, driving a modest rise in February futures amid cooling U.S. inflation.
Gold prices are ending a big year on an up note, ripping to another record this week as Treasury yields and the dollar extend declines on expectations the Federal Reserve will soon be cutting interest
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE