NUGT is trading at $171.67 (-2.75%) as leveraged gold-miner exposure amplifies the modest precious-metals pullback.
- Gold futures declined 0.9% to $4,385, pressured by a firmer U.S. dollar and rate expectations.
- Higher yields and expectations for further Fed tightening reduced demand for non-yielding gold, while broader equities rallied; the move appears primarily sector-driven rather than a broad-market selloff.