🔴 Gold Miners 3X Leveraged ETF (GDXU) is trading 5.08% down today as Treasury yields pressure gold

GDXU is trading at $124.41 (-5.08%) as higher Treasury yields and a stronger dollar weigh on non-yielding gold.

• Strong U.S. PMI data lifted expectations for restrictive Federal Reserve policy; the 10-year yield neared 5.12%.
• Gold fell sharply, extending the September 23 gold-miner selloff, while gold- and silver-miner ETFs declined broadly.
• GDXU offers approximately 3x leveraged gold-miner exposure, amplifying bullion and share weakness; pressure appears sector-wide, not company-specific.