SGOL is trading at $39.55, down 3.14%, as renewed Iran tensions lifted oil and revived inflation concerns, weighing on gold.

  • Gold fell about 1.7%–2% in early Monday trading and had already ended the prior week lower.
  • Elevated Treasury yields and a stronger dollar added pressure to bullion.
  • SGOL’s decline reflects weakness in its underlying gold exposure; broader equity-futures weakness was secondary.