GDXU is trading at $196.99, up +4.44%, benefiting from gold’s move above $4,600.
- A gold-miner rally lifted related ETFs roughly 40% over the past month, supported by a weaker dollar and fiscal concerns.
- Gold briefly reached a more-than-three-month high on August 25, 2026, supporting mining shares and magnifying GDXU’s leveraged advance.
- Profit-taking, a firmer dollar, upcoming U.S. inflation data, and Kevin Warsh’s speech are limiting gains intraday.