Q: Just trying to understand this a bit more. What makes the price go up and down aside from demand?
5i Research Answer:
MNT can be thought of as a direct proxy to gold. While there is some incremental demand/supply activity on the fund itself, it is really essentially correlated directly to the gold price. Gold itself has many influences, but the keys are: fear, interest rates, and the US dollar. But if gold moves, MNT will surely follow (both ways).