🟢 Gold Miners ETF (GDXU) is trading 5.3% up in pre-market as gold futures rise

GDXU is trading at $138.69, up 5.29%, driven by higher gold futures and safe-haven demand.

• Gold futures were up about 0.5% overnight near $4,463.75, supporting leveraged gold-miner exposure.
• Safe-haven interest reflects Middle East and oil-market tensions; investors await the 8:30 AM ET July CPI release.
• Treasury yields were largely unchanged, limiting pressure on non-yielding gold. This follows GDXU’s recent outsized gains, so momentum is likely amplifying the sector move.