NUGT is trading at $151.26, up 2.24%, as gold steadied near $4,125 overnight after Monday’s sharp selloff.
- The rebound remains fragile as elevated oil-driven inflation concerns, a stronger dollar and rising Treasury yields continue to pressure gold.
- NUGT’s leveraged exposure magnifies moves in gold-mining shares; firmer labor data and cautious rate-cut expectations add to the headwinds.