On September 28, VanEck Junior Gold Miners ETF fell 5.54% in regular trading, trading at $114.3/share, with turnover of $226 million.

On the news front, spot gold broke below the $4,200/oz level, declining over 2% intraday, putting broad pressure across the precious metals sector. SPDR Gold ETF dropped over 3%, Barrick Gold fell 5%, AngloGold Ashanti slid 6.6%, and the Global X Silver Miners ETF declined 4.7%, reflecting synchronized sector-wide weakness. The selloff was driven by a repricing of Fed rate expectations after U.S. composite PMI surged to 58.4, well above the 55.3 consensus, reinforcing hawkish monetary policy signals. Multiple Fed officials reiterated that further rate hikes remain possible, pushing Treasury yields higher and raising the opportunity cost of holding non-yielding assets such as gold. Industry analysts warned that in an extreme hawkish scenario where the Fed delivers additional unexpected hikes and signals a higher terminal rate, gold prices could fall further.

VanEck Junior Gold Miners ETF normally invests at least 80% of its total assets in securities that comprise its benchmark index, which includes companies generating at least 50% of revenues from gold and/or silver mining, royalties, or streaming. It is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)