NUGT is trading 6.1% up today as gold stabilized and moved back above $4,300.

  • The rebound reverses part of the September 16 decline triggered by the Federal Reserve’s 25-basis-point rate hike.
  • A softer dollar and stronger broader-market risk appetite supported gold-mining equities.
  • NUGT targets daily leveraged exposure to gold miners, amplifying the underlying sector rebound.