NYSEARCA:OUNZ

Vaneck Merk Gold Trust ETF News

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$43.08
+0.350 (+0.82%)
At Close: Jun 04, 2026
Highlights Gold prices hold steady as traders anticipate Jerome Powell's testimony. Rising Treasury yields restrict gold's upside potential.
Silver and platinum are down by almost 1%.
(Kitco News) - Although gold is struggling to attract bullish momentum, analysts note that its strength now relies on how much support is in the marketplace, even as speculative interest starts to dro
Stronger dollar, hawkish Fed remarks weigh on gold prices; demand as safe-haven asset dampened by rising stock markets and Fed's stance.

Gold Price Target Set At $2,075 Record Level

08:22am, Saturday, 17'th Jun 2023
By Joe Foster, Gold Strategist, and Imaru Casanova, Portfolio Manager, Gold and Precious Metals Tail risks have aided gold's sidewise rise Gold has been in a bull market for over seven years, rising
(Kitco News) - Gold has formed a new base at the $1,900 an ounce level, and if that continues to hold, record highs will be within reach, according to VanEck's latest analysis.
Technical analysis reveals a retracement in gold, testing key support zones and indicating a healthy consolidation phase before an expected continuation of the uptrend.

Gold futures mark first weekly loss in 3 weeks

01:58pm, Friday, 16'th Jun 2023
Gold futures inched higher on Friday, posting a loss for the week a day after tapping their lowest intraday level since May. Gold held its own “despite all the central bank fireworks and as stocks h
(Kitco News) - The gold market has been steady so far in June, trading between $1,940 and just under $2,000 an ounce. But analysts warn that after weeks of sideways price action, gold is ready for a m
Silver tested the $24.00 level, while platinum faced strong resistance near $1000.
(Kitco News) - Gold prices could remain in neutral territory in the near term, unable to push to $2,000 an ounce as the marketplace sees lackluster bullish sentiment.
The gold markets initially fell during the course of the trading week, but found enough support to turn things around and form a massive hammer.
Gold has gone a little higher during the trading session on Friday but continues to see the 50-Day EMA as an area of resistance.
Gold futures edged a bit lower in Friday dealings, with prices looking to post a loss for the week a day after tapping their lowest intraday level since May.
Consumer sentiment remains low by historical standards as consumers expect challenging times in the economy over the next year.
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