🔴 Gold Miners ETF (NUGT) is trading 2.28% down in pre-market as gold drops 1.7%

NUGT is trading at $164.51, down 2.28% as falling gold and higher Treasury yields pressure mining shares.

• Gold fell roughly 1.7% on September 23 and hovered near $4,290 overnight; renewed expectations for tighter Federal Reserve policy are also weighing on non-yielding gold and leveraged miners.
• Weaker S&P 500 and Nasdaq futures add to broad risk-off selling pressure.
• September 24 initial jobless claims are the key scheduled catalyst, with a 201K forecast versus 196K previous.