🟢 Gold Miners ETF (NUGT) is trading 2.9% up in pre-market as weaker PPI and easing yields support miners

NUGT is trading at $159.62 (+2.89%) in pre-market as weaker-than-expected July PPI and easing Treasury yields support precious-metals sentiment.

• NUGT is rebounding after its 5.76% decline on August 13; gold remains historically elevated, though overnight prices were mixed to lower.
• Moderating inflation reduced expectations for additional Federal Reserve tightening; gains appear partly technical and leveraged.
• Modestly positive equity futures suggest gold-miner positioning, not a broad rally; gold futures were reported near $4,362.00, while other feeds showed around $4,424.