Direxion Daily Gold Miners Index Bull 2X Shares is trading at $118.67 (up 3.7%) as dip-buying activity picks up following a brutal multi-day selloff in leveraged gold mining products.

  • The recovery follows a period of extreme volatility where the ETF plummeted more than 17% in a single session, signaling an easing of recent panic selling.
  • The fund’s 2x leverage is currently amplifying the upside move relative to the underlying miners index as gold-mining shares show renewed strength.