🔴 Gold Miners ETF (NUGT) is trading 2.33% down in pre-market as yields pressure gold miners

NUGT is trading at $138.30, down 2.33%, as a firm dollar and elevated Treasury yields weigh on gold.

• Gold settled lower, with December futures at $4,160.10, ahead of next week’s Fed decision.
• NUGT’s leveraged exposure amplifies moves in gold miners; recent mining-share weakness also points to sector pressure.
• Broader index futures were mixed, with the clearest pressure tied to the sector and commodity rather than a broad-market selloff.