🔴 Gold Miners ETF (NUGT) is trading 2.35% down in pre-market as dollar strength and firmer yields pressure gold

NUGT is trading at $145.15 (-2.35%) in pre-market; overnight dollar strength and firmer Treasury yields pressured bullion and weighed on gold miners, offering a plausible macro explanation.

• Spot gold fell 0.6% to US$4,138.34 by 0451 GMT on October 7.
• Investors awaited the Fed’s meeting minutes for rate clues.
• Available reports do not establish a direct NUGT-specific catalyst.