GDXU is trading 3.33% down on August 24, 2026, as traders take profits after gold miners’ powerful multi-session rally.
- Gold remains near record highs, supported by a weaker dollar, lower long-term yields, and Treasury’s expanded bond-buyback program.
- Gold prices have been volatile after opening above $4,600, while safe-haven demand remains supportive.
- Monday’s broader risk-off tone and elevated yields are likely adding intraday pressure to leveraged mining exposure.