🔴 KGLD is trading 3.21% down in pre-market as gold drops amid oil and yield pressure

KGLD is trading at $25.90, down 3.21%, as gold fell amid rising oil and U.S. yields.

• Gold fell 2.6% to around $4,170 an ounce as oil and yields fueled inflation concerns and tighter Fed-rate expectations.
• Kurv says KGLD holds gold exposure and sells options against it, linking the ETF to bullion’s move.
• No clear KGLD-specific catalyst emerged; broader market futures were also lower, but less sharply.