🔴 SGOL is trading 3.1% down today as hawkish Fed signals and firm yields pressure gold

SGOL is trading 3.1% down today as gold prices face pressure from hawkish Federal Reserve signals and firm U.S. Treasury yields.

• Higher real interest rates are reducing the appeal of non-yielding assets like bullion, driving the sharp pre-market decline on June 24, 2026.
• The move follows a multi-day pullback in gold ETFs, with technical indicators pointing to a near-term bearish trend despite some recent fund inflows.