🔴 Gold-miner ETF (AEME.TO) is trading 3.5% down today as gold prices fall

AEME.TO is trading at CA$13.15, down 3.45%, as a gold-sector pullback and thin liquidity, leverage and price dislocation appear to drive the decline.

• Gold prices are down roughly 0.8%, pressuring precious-metals sentiment. Agnico Eagle is reportedly trading higher, so its September 23 performance does not explain AEME.TO’s decline.
• The September distribution announcement is not an ex-dividend event; the CA$0.25 distribution goes ex-dividend September 29.