Direxion Daily Gold Miners Index Bull 2X Shares is trading 3.1% up today as gold-miner stocks continue a sharp rebound from last week’s selloff and traders position ahead of the Federal Reserve decision.
- The move reflects renewed risk appetite for precious-metal miners after recent volatility in gold prices and interest rates.
- As a leveraged instrument, the ETF is amplifying gains in the underlying gold-miner index and outperforming the largely flat, mixed broader equity market.