VanEck Merk Gold Trust to switch NAV pricing index to Solactive Gold Spot Index
The sponsor, Merk Investments, said the Trust will replace the LBMA PM Gold Price with the Solactive Gold Spot Index to value its gold, effective July 11, 2023 or as soon as practicable after. The sponsor says the change could result in materially different net asset values for the Trust, and that the new index is priced around the NYSE close, which it believes better aligns NAV with U.S. trading hours.
Key points
- Benchmark changes from the LBMA PM Gold Price to the Solactive Gold Spot Index (SOLAGOLD) effective July 11, 2023 or as soon as practicable thereafter
- The Bank of New York Mellon, the Trust's trustee, has been instructed to use SOLAGOLD for NAV from the change date; NAV uses the LBMA PM Gold Price until then
- The filing states the change could result in materially different net asset values for the Trust
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 12, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.