NUGT is trading 2.33% up as gold stabilizes near $4,650 per ounce following the August 26, 2026 decline and Wednesday’s selloff.

  • July PCE inflation held at 3.7% year over year, initially lifting Treasury yields and pressuring bullion.
  • Overnight stabilization is supporting gold-mining equities and NUGT’s leveraged exposure.
  • Gold futures were near $4,648.90 early August 27, 2026, down only 0.1% from Wednesday’s close.