GDXU is trading at $129.29 (-3.01%) as profit-taking follows its exceptionally strong rally.
- The ETF gained 21.25% on August 7 and 22.45% on August 5.
- Barrick Miningβs production and earnings were strong, but costs rose and reported profit reportedly disappointed some expectations.
- Gold remains elevated, while higher Treasury yields and caution ahead of the August 12 CPI report add pressure.