🔴 Gold Miners ETF (GDXU) is trading 7.3% down today as gold futures retreat

GDXU is trading at $125.42, down -7.26%, as gold futures pull back.

• Gold futures pulled back toward $4,395–$4,432.25, pressuring gold-miner equities and GDXU’s leveraged exposure.
• Traders reduced exposure around the 8:30 AM ET July PPI release; headline PPI was flat while core PPI rose 0.2%, limiting immediate gold upside.
• GDXU magnifies daily movements in a gold-miner index by approximately three times, amplifying the sector decline.