VanEck Merk Gold ETF
VanEck Merk Gold ETF (AMEX: OUNZ) is an exchange-traded fund listed on NYSE Arca, trading at $39.96 (about ₹3,839 a unit) as of 30 Sep 2026, 12:32 PM ET. It has an expense ratio of 0.25%. Indian residents can buy OUNZ through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$39.88
Today's high
$40.31
52 week low
$36.79
52 week high
$53.35
OUNZ opened at $40.26, closed previously at $40.12, and has traded between $36.79 and $53.35 over the past 52 weeks.
About
The VanEck Merk Gold ETF offers investors a straightforward and economical method for gaining exposure to gold. This exchange-traded product also provides the unique feature of allowing shareholders the option to redeem their investment for physical gold.
Key statistics
Expense ratio
0.25%
Assets (AUM)
$2.7B
Holdings
—
NAV
$40.11
Avg. volume
—
1-year price change
+8.35%
5-year price change
+133.82%
Price change excludes dividends.
Top holding
These 1 are 100.0% of the fund.
How to buy OUNZ from India
Indian residents can buy OUNZ units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search OUNZ and buy
Find the fund by its ticker, OUNZ, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in OUNZ from India
Trading and taxes when buying OUNZ from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the OUNZ price today?
VanEck Merk Gold ETF (OUNZ) last traded at $39.96 on NYSE Arca, as of 30 Sep 2026, 12:32 PM ET. That is ₹3,839 a unit at the 29 Sep 2026 USD/INR rate.
When does OUNZ trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is OUNZ, and what does it cost to hold?
VanEck Merk Gold ETF manages about $2.7B. Its expense ratio is 0.25% a year, deducted inside the fund. It launched in 2014.
What are OUNZ's largest holdings?
Its largest holding is Physical Gold (100.0%).
How are gains on OUNZ taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of OUNZ?
Yes. You can buy OUNZ by amount rather than by whole unit, and there is no minimum trade size.
How has OUNZ performed?
OUNZ's price is up 8.4% over the past year and up 133.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.