🔴 NUGT ETF (NUGT) is trading 7.4% down today as rising yields and tighter policy expectations weigh on gold miners

NUGT ETF (NUGT) is trading 7.4% down today as rising Treasury yields and renewed expectations for tighter monetary policy pressure gold prices and miner equities.

• The fund's leveraged exposure is amplifying sector weakness, reversing a brief rebound observed earlier in the week.
• Cautious risk sentiment and global bond selloffs are keeping real yields elevated, creating a significant headwind for interest-sensitive precious metals and leveraged ETFs.