NUGT is trading at $151.03, down 8.87%, as gold fell around 1.8%–2.1% amid renewed rate-hike concerns. - President Trump’s rejection of Iran’s Strait of Hormuz proposal renewed inflation worries; oil rose and the 10-year Treasury yield reached 5.20%. - Higher yields pressure non-yielding gold, a key driver for gold-miner ETFs like NUGT. - No major U.S. data is scheduled before the market open; Dallas Fed manufacturing is due later.