🟢 Gold Miners ETF (NUGT) is trading 7% up today as gold and miners rebound on softer dollar and yields

Gold Miners ETF (NUGT) is trading 7% higher as gold and gold-mining shares rebound, supported by a pullback in the U.S. dollar and Treasury yields following recent hawkish Fed-driven weakness.

• Precious metals are catching a bid amid firmer risk sentiment and broad equity gains in the absence of major U.S. economic data releases.
• The leveraged ETF is seeing significant gains as it amplifies the recovery in the underlying mining sector.