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Stock impact report

VanEck® Merk® Gold Trust (OUNZ) Open for Deliveries

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: PR Web
SAN FRANCISCO (PRWEB) April 08, 2020 VanEck Merk Gold Trust (NYSE: OUNZ), the gold ETF that delivers, is open for deliveries. Most recently, OUNZ delivered 100 American Buffalo 1 ounce coins during a time when we see many coin dealers out of stock."We created OUNZ to deliver during periods of market tension. And OUNZ delivers, literally," explains Axel Merk, President of Merk Investments, the Sponsor of the VanEck Merk Gold Trust. "As we see several mints and refineries closed, demand for physical gold high and coin dealers short on supply, our team works closely with investors requesting to exchange their shares for physical gold," he continues. Brandon Rakszawski, Director of ETF Product Development at VanEck, adds: "The current environment shows that good design principles are paramount for investors seeking to invest in a gold ETF. OUNZ will not issue shares unless the custodian confirms gold has been allocated; OUNZ in addition allows investors to request delivery of what they Show less Read more
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