🟢 Gold Miners ETF (NUGT) is trading 4% up in pre-market as gold futures rise approximately 1.13%

NUGT is trading at $203.95, up 4.02%, as gold futures rise approximately 1.13% overnight to $4,623.06.

• Gold remains supported by a weaker dollar and the U.S. Treasury’s expanded long-term bond-buyback program, which has pressured yields and improved bullion sentiment.
• Gold’s third consecutive weekly gain is lifting mining equities, whose operating leverage amplifies bullion moves.
• The move is sector-driven: equity futures are only modestly higher, while miners respond to elevated bullion prices and safe-haven demand.