VanEck Merk Gold Trust

OUNZ

Market cap $2.76B

The latest Kitco News Weekly Gold Survey showed Wall Street feeling fresh optimism about gold's near-term prospects, while Main Street sentiment slid into bearish territory despite gold's late-week rebound.

Gold is showing early signs of a bullish reversal as buyers defend long-term support and pressure key resistance near the 50-day moving average.

Spot Gold rallies 1% as ceasefire framework pulls oil lower and the dollar weakens. The 50-day MA at $4,628 is the line between a bounce and a breakout.

Gold and silver head into the new week with investors focused squarely on the health of the U.S. economy and labor market, as a busy calendar of economic data releases could significantly influence expectations for Federal Reserve policy.

Gold prices gained ground as traders bet that U.S. will reach a deal with Iran soon.

Gold has been one of the most talked-about markets in 2026 – and for good reason. After reaching an all-time high of $5,600 per ounce in late January, gold futures entered a deep correction that has lasted more than three months.

Gold bounces back for the week as the buyers came into the market to defend it against the interest rate pressures. This is a market I am bullish on longer-term, but recognize the potential problems.

Gold rallies early on Friday as interest rates start to drift a bit lower. This is a market that continues to look good longer-term, but with noise coming out of the Middle East, the interest rates continue to be an issue.

Spot gold prices are higher and spot silver prices are slightly lower in early U.S. trading Friday, as lower crude oil prices and easing Treasury yields supported bullion while silver remained capped below near-term moving-average resistance.

While the latest stock market upsurge turned Micron (NASDAQ: MU) into a household name, Jim Simons made a prodigious investment in the memory company as far back as 2013 – when it was trading at approximately $18 – and saw the equity rise almost exactly 5,000% since.