GDXU is trading at $102.53, down 3.52%, as rising yields pressure gold and miner sentiment.

  • The 10-year yield climbed to 5.33%, its highest since 2002, as markets assessed resilient U.S. growth and the Fed outlook; miners are especially sensitive to weaker bullion and higher financing costs.
  • On September 30, gold fell 0.70% to US$4,155.93 an ounce as higher yields outweighed the earlier inflation-data boost; listed miners followed metals lower. This aligns with GDXU’s decline; broad-market moves appear less explanatory.