GDXU is trading at $90.18, up +9.04% versus the November 4 close, as gold rose nearly 2% on a weaker dollar and lower Treasury yields.
- Gold hit $4,134.83 by 0316 GMT November 5, extending the prior session’s rally after midterm results.
- GDXU’s 3x daily exposure can magnify gold-miner share moves; election-related dollar and yield declines supported bullion and miners. U.S. futures were mixed, with no major U.S. economic releases scheduled November 5.