🔴 Gold-mining ETF (AEME.TO) is trading 3.25% down as weaker gold pressures miners

AEME.TO is trading at CA$12.20, with a -3.25% move, as weaker gold weighs on miners. - Gold was also reported down 0.57% on October 13; Agnico Eagle fell 2.8% and Barrick fell 3.6%. - AEME.TO is concentrated in Agnico Eagle and uses modest leverage, which can amplify weakness in its underlying shares. - The broad U.S. market was nearly flat, making gold-miner weakness a more plausible driver than a general equity selloff.