🔴 KGLD is trading 3.48% down today as October 7 ex-dividend date may contribute

KGLD is trading 3.48% lower at $24.95, with its October 7 ex-dividend date and estimated $0.35 distribution potentially contributing to the decline.

• Kurv listed October 7 as the ex-dividend and record date, with October 8 as the payment date.
• Gold weakened as the U.S. dollar and Treasury yields rose ahead of Fed minutes; major U.S. indexes were also lower. These pressures are consistent with a difficult session for a gold-linked ETF, but do not establish how much each factor contributed.