AEME.TO is trading at CA$12.62 (+3.10%) as weaker-than-expected July U.S. retail sales strengthened expectations that the Federal Reserve will keep rates unchanged in September, supporting gold and precious-metals sentiment.
- Rebounding after its 2.16% decline on August 13; gold remains elevated near recent highs, while intraday prices were mixed as investors took profits.
- The move appears sector-driven rather than ETF-specific; Agnico Eagle’s strong second-quarter free cash flow, elevated realized gold prices, and shareholder returns continue supporting the fund’s core exposure.