GLDM is trading at $82.20, down 3.17% from the September 25 close, as the Strait of Hormuz impasse and rising oil prices renewed concerns about inflation and further Federal Reserve tightening, while a rebound in the U.S. dollar pressured bullion. - Gold futures were down 0.85% on September 28. - The 10-year Treasury yield remains near 5.19%, adding pressure to non-yielding gold. - The move appears tied to precious-metals and macro conditions, not an isolated GLDM-specific catalyst.