NUGT is trading at $132.92, down 2.86%, as a gold pullback weighs on its leveraged gold-miner exposure.
- Spot gold fell 1% to $4,048.97 as the dollar recovered and investors took profits after a rally.
- The October jobs report showed 165,000 new jobs versus roughly 65,000 expected, with unemployment at 4.1%.
- Higher Treasury yields and a stronger dollar added pressure to gold, a headwind for gold miners.