🔴 Agnico Eagle income ETF (AEME.TO) is trading 3.25% down today as weaker gold prices pressure miners

AEME.TO is trading at CA$12.82, down -3.25%, as weaker gold prices and elevated Treasury yields pressure gold-mining shares.

• Its concentrated, leveraged Agnico Eagle exposure is reported at approximately 126.2% of net asset value, amplifying underlying weakness.
• The August CPI report matched expectations and supported broader equities, but oil-driven inflation risks and high yields continue weighing on precious-metals positioning.
• The move appears primarily tied to gold-sector weakness rather than broad-market selling.