GDXU is trading at $95.69, down 10.07%, as dollar strength weakened gold and pressured leveraged gold-miner exposure. - Gold fell 0.8% to $4,130.37 in early trading as investors awaited the 2:00 p.m. ET FOMC minutes. - Market reports placed the 10-year Treasury yield around 5.3%, near multi-decade highs, raising the opportunity cost of holding non-yielding gold. - Broader markets were also lower amid caution ahead of the minutes; GDXU’s leveraged sensitivity is consistent with its sharper decline.