NUGT is trading at $113.43 (+2.36%) as gold-miner sentiment improves following a cooling of Middle East tensions and a decline in oil prices.

  • The recovery follows a sharp selloff on July 31, with the broader precious-metals complex supported by firmer futures and risk assets.
  • The move appears sector-driven rather than ETF-specific, as gold miners recover geopolitical risk premiums while broader equities trade higher.