NYSEARCA:OUNZ

Vaneck Merk Gold Trust ETF News

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$43.08
+0.350 (+0.82%)
At Close: Jun 04, 2026
(Kitco News) - The U.S. labor market shows signs of cooling as the U.S. economy sees disappointing gain in private-sector jobs in August, according to private payrolls processor ADP.
Gold futures traded at their highest level in three weeks early Wednesday as traders awaited more data on the U.S. labor market.
Analysis suggests a cautiously bullish gold outlook, given the Fed's potential stance, XAU/USD trends and potential U.S. economic headwinds.
(Kitco News) - A cooling labor market is helping to drive momentum in the gold market, but it might be a little too early for investors to see a decisive move in the marketplace, according to one mark
Gold rises, hitting the 50% retracement and breaking past 34-Day EMA resistance.

Gold futures settle at a 3-week high

01:52pm, Tuesday, 29'th Aug 2023
Gold futures marked their highest settlement in about three weeks on Tuesday. Prices got a boost from a softer dollar and lower Treasury yields on the back of the U.S. JOLTs data, said Craig Erlam, se
(Kitco News) - The improving economic outlook for the United States has made gold less appealing to investors, but weakness in U.S. consumers could still tip the country into recession and boost the p
The weak JOLTs Job Openings report provided significant support to precious metals markets.

Yields set to fall & gold set to soar

01:04pm, Tuesday, 29'th Aug 2023
(Kitco News) - Global gold bug excitement continues to build, and rightly so, as the current metals market rally gains momentum.
(Kitco News) - Gold and silver prices are higher in midday U.S. trading Tuesday, with gold hitting a three-week high and silver a four-week peak.
(Kitco News) - Gold prices continued their steep rise on Tuesday morning as U.S. consumer optimism finally hit a wall in August.

JOLTs Job Openings Slide Below 9 Million

10:17am, Tuesday, 29'th Aug 2023
The report showed that Fed's policy has started to put material pressure on the job market.
(Kitco News) - The gold market is seeing some buying momentum as the U.S. labor market shows signs of cooling.
Gold hasn't done much over the last couple of days. This is a market that is currently looking for direction.
(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
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