NUGT is trading at $173.54 (+4.05%) as the move appears to be a leveraged rebound in gold-mining equities after NUGT fell 2.81% on September 16.
- Gold remains supported near $4,300, while investors balance safe-haven demand against the Federal Reserveβs 25-basis-point hike and guidance implying another 2026 increase.
- Higher Treasury yields and a stronger dollar remain headwinds, but firmer equity futures and gold stabilization are lifting pre-market sentiment.