On August 19, VanEck Junior Gold Miners ETF rose 5.11% in pre-market trading to $121.36, with turnover of $2.53 million. The rally represents a sharp rebound following the prior session's heavy selloff, during which spot gold plunged from $4,436 to $4,324 as 10-year Treasury yields approached 4.75% and the 30-year breached 5.30%, hitting levels not seen since 2007.

The bounce is driven by gold price stabilization near $4,341 and market positioning ahead of the Federal Reserve's July meeting minutes, scheduled for release later in the session. The probability of a September rate hike has plunged to approximately 30-33%, down from 55% a week earlier, following weak U.S. economic data including a surprise decline in July retail sales and cooling CPI. Analysts note that current market pricing of 2-3 rate hikes has been fully reflected, with the probability of further aggressive tightening extremely low.

The fund normally invests at least 80% of its total assets in securities comprising its index, including companies generating at least 50% of revenues from gold and/or silver mining, royalties, or streaming.

(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.)