🟢 Gold Miners ETF (NUGT) is trading 2.5% up in pre-market as gold rebounds from one-year low

NUGT is trading at $114.15, up 2.49%, as gold’s rebound from a one-year low lifts precious-metals sentiment.

• Spot gold rose 0.7% as oil prices eased and moderated inflation concerns.
• During Friday’s steep bullion selloff, technology-stock losses and margin calls reportedly pressured gold, alongside concerns about possible Fed rate hikes.
• Lower oil offers some relief, but higher-for-longer rate expectations remain a headwind for gold and its miners. NUGT’s leveraged exposure can amplify sector moves.