NUGT is trading at $161.09 (+2.37%) as gold rebounded approximately 0.5% overnight and Treasury yields eased, supporting gold-mining shares.
- Investors are positioning ahead of the 2:00 PM ET FOMC minutes, which could clarify the Fed’s rate outlook.
- The move reverses part of NUGT’s 6.22% decline on August 18.
- Ongoing U.S.-Iran tensions and elevated yields remain downside risks for bullion and miners.