Gold Miners Move Higher on Weak Retail Sales Data
May 17, 2021 at 16:12 PM EDT
The dollar took a step back as a result of weaker-than-expected retail sales data last week, propping up leveraged gold miner funds and the Direxion Daily Jr Gold Miners Bull 3X ETF (JNUG) and the Direxion Daily Gold Miners Bull 3X ETF (NUGT). “Gold prices continued to rally as the dollar...