VanEck Merk Gold ETF (OUNZ) News Today

VanEck Merk Gold ETF (OUNZ) is trading higher as investors ramp up safe-haven gold exposure amid weak U.S. economic data, dovish Fed expectations and renewed trade-tariff worries. Key developments driving the move include:

• Positive Sentiment: Wall Street “extremely bullish” on gold after disappointing jobs data and tariff turmoil boost chances of a September rate cut. Wall Street is extremely bullish on gold as disappointing jobs data, tariff turmoil boost chances of a September rate cut
• Positive Sentiment: Gold continues to see buying after a much worse-than-expected NFP miss, as traders seek safety amid a deteriorating jobs backdrop. Gold Price Outlook – Gold Continues to See Buying After NFP Miss
• Positive Sentiment: Gold price soars after much weaker U.S. jobs data, reinforcing haven demand. Gold price soars after much weaker U.S. jobs data
• Positive Sentiment: Gold jumps higher as U.S. economy added just 73K jobs in July and June/May figures were revised sharply lower. Gold jumps higher as U.S. economy created 73K jobs in July, June, May data significantly revised lower
• Positive Sentiment: Gold is testing resistance at $3,350 as the US ISM Manufacturing PMI falls to 48, signaling industrial contraction and fuelling safe-haven flows. Gold testing resistance at $3350 as US ISM Manufacturing PMI falls to 48
• Positive Sentiment: Retail gold demand roars back amid global uncertainty, with investment inflows surging in Q2. Retail Gold Rush: Investment demand roars back amid global uncertainty - WGC Q2 Demand Trends
• Positive Sentiment: Gold rebounds as the Fed holds rates, China tariff fears grow and Treasury yields soften, bolstering XAU/USD. Gold (XAUUSD) Price Forecast: Bullish Rebound as Fed Holds Rates, China Tariff Fears Grow
• Neutral Sentiment: Intra-day technical analysis highlights key entry levels for active traders amid heightened volatility. Gold market analysis for August 1 - key intra-day price entry levels for active traders
• Neutral Sentiment: Tariffs and the upcoming NFP report drive dollar-denominated moves in gold and silver, creating mixed technical signals. Gold (XAUUSD) & Silver Price Forecast: Tariffs, NFP Drive Dollar-Denominated Moves
• Neutral Sentiment: Gold attempts a rebound as Treasury yields fall, even as silver and platinum remain under pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound As Treasury Yields Fall
• Neutral Sentiment: A long-term look at gold’s performance underscores its enduring appeal but offers little on near-term drivers. The Price of Gold Over the Decades
• Neutral Sentiment: Gold trades just above $3,300 with little reaction to muted US PCE inflation data. Gold back above $3,300 but sees little reaction to muted US PCE inflation data
• Neutral Sentiment: Gold edges up on mild bargain buying, reflecting mixed short-term sentiment. Gold price slightly up as mild bargain buying featured
• Negative Sentiment: A strong dollar and hawkish Fed outlook continue to pressure gold ahead of upcoming jobs data. Gold (XAUUSD) Price Forecast: Dollar Strength Pressures Gold Ahead of Jobs Data
• Negative Sentiment: Technical downside risk emerges as gold breaks below triangle support, suggesting a deeper correction may be in play. Gold (XAUUSD) and Silver Technical Analysis: Triangle Breakdown and Correction Setups