NUGT is trading at $126.54, up 2.50%, as bargain-hunting supports a continued recovery in gold-miner shares after last week’s sharp selloff.
- Gold was near $4,000, but Reuters reported it slipping under pressure from a firmer dollar and Fed rate expectations; the miners’ rebound is not clearly explained by a fresh bullion rally.
- Investors are also watching the Fed meeting and easing Middle East tensions.