The MicroSectors Gold Miners 3x Leveraged ETN (GDXU) closed on January 30, 2025, with an impressive 11.83% gain, reaching $40.75, as gold prices surged to new all-time highs amid economic uncertainties. Spot gold tested $2,798.50 per ounce, driven by weaker-than-expected U.S. GDP growth of 2.3% in Q4 and tariff threats from the Trump administration, which have heightened safe-haven demand. The Federal Reserve's decision to hold interest rates steady, coupled with a softer U.S. dollar, further bolstered gold's appeal. Central banks' dovish stances, including rate cuts by the European Central Bank and Sweden's Riksbank, have also contributed to the metal's rally. The mining sector benefited from this surge, with notable gains in stocks like Coeur Mining, Inc., which rose 7.70%, and New Gold Inc., up 5.19%.