Gold Miners Creep Higher Thanks to Weak Retail Sales
May 17, 2021 at 14:00 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 B- ) and the Direxion Daily Gold Miners Bull 3X ETF ( NUGT C+ ).