🔴 Gold Miners ETF (NUGT) is trading 2.2% down in pre-market as gold slips

NUGT is trading at $152.55, up 2.20% at 4:56 a.m. ET despite overnight bullion weakness.

• Gold-miner ETFs can magnify bullion and equity moves.
• Overnight bullion eased as the dollar stayed near an 18-month high; traders awaited Wednesday’s U.S. CPI and Thursday’s PPI for clues about Fed rates.
• Gold was down 0.2% to $4,164.45 per ounce in early trading, a headwind for miners, though geopolitical risks may limit declines.