GDXU is trading at $96.57, down 3.15%, as gold-miner shares remain under pressure despite spot gold trading 0.2% higher near $4,175.

  • Persistent selling and a retracement of miners’ earlier gains have weighed on the sector.
  • GDXU is a 3× leveraged gold-miners product, amplifying weakness in its underlying shares.
  • Broader market anxiety may add risk-off pressure, but evidence points mainly to miner-sector weakness.