The MicroSectors Gold Miners 3x Leveraged ETN (GDXU) closed at $31.93 on January 10, 2025, up 0.31% as gold prices neared $2,700/oz, driven by solid safe-haven demand despite a strong dollar and rising bond yields. The U.S. economy added 256,000 jobs in December, yet inflation expectations surged, fueling gold's appeal as a hedge against economic and geopolitical risks. The University of Michigan's preliminary Consumer Sentiment Index for January was 73.2, indicating heightened inflation concerns. Gold's resilience amid these headwinds has bolstered investor confidence in gold miners, contributing to the sector's positive momentum.