NUGT is trading 4.2% up as gold-mining stocks continue rebounding from last week’s tariff-driven volatility and risk-off positioning.
- The ETF, which offers 2x leveraged exposure to gold and silver miners, is amplifying a broader recovery in the sector.
- Gains are supported by easing oil prices, firmer equity futures, and stabilizing inflation fears following new U.S. tariffs that had pressured commodity-linked names.