GDXU is trading at $135.66 (-4.13%) as gold and gold-miner exposure weaken amid higher U.S. Treasury yields and expectations of further Federal Reserve tightening.
- Bullion fell 0.58% to $4,352.63, reducing demand for non-yielding assets.
- The decline is sector-specific: major U.S. indexes are rising.
- Traders continue unwinding gold exposure after the Federal Reserve’s September 2026 rate hike and guidance that another increase could follow.