🔴 Global Gold ETF (XGD.TO) is trading 3% down as gold prices fall on Fed hike bets

XGD.TO is trading 3% down as a sharp gold-price pullback weighs on gold-mining equities.

• On September 14, 2026, spot gold fell 0.9% as markets increasingly priced a Federal Reserve rate hike, raising the opportunity cost of holding non-yielding bullion.
• Kitco reported gold down CA$69.67, or 1.15%, in Canadian-dollar terms by 7:15 a.m. New York time.
• This pressure likely flowed through to global gold-mining equities and XGD.TO.