XGD.TO is trading at CA$45.78 (-3.58%) as profit-taking and a reversal in gold-miner sentiment weigh on the ETF after the prior session’s strong rally.
- The move is consistent with miners giving back gains as real-rate expectations and broader risk appetite shift intraday.
- The ETF remains highly sensitive to gold price fluctuations and volatility in its major holdings, which is likely amplifying the current decline in the mining complex.