NUGT is trading at $117.71, down 2.78%, as gold-miner shares remained weak after a sharp sector selloff.

  • Most GDX constituents were below their 50-day average as miners absorbed last week's equity-market de-risking.
  • Gold briefly stabilized near $4,000, but markets watched the Fed; possible December rate-hike expectations and elevated yields weighed on bullion and miner sentiment.
  • The premarket gain reversed by 9:58 a.m. ET, October 26, 2026; coverage does not establish a specific trigger.