🔴 Gold-miner ETF (AEME.TO) is trading 4.55% down as gold weakness pressures leveraged Agnico exposure

AEME.TO is trading at CA$11.74 (-4.55%) as gold weakness weighs on its Agnico Eagle exposure.

• Early reports put spot gold down 1.1%, pressured by a firmer U.S. dollar; Canadian index futures fell amid elevated bond yields and higher oil prices.
• AEME.TO invests in Agnico Eagle shares and uses leverage, amplifying sensitivity to moves in the miner; Agnico’s U.S. shares fell 1.98% premarket.
• Available evidence does not establish a separate fund-specific catalyst behind the larger ETF drop.