🔴 Gold miner ETF (AEME.TO) is trading 4.02% down after gold fell amid rate-hike concerns

AEME.TO is trading CA$11.45, down 4.02%, as gold faced pressure after the Fed held rates and inflation concerns kept rate-hike expectations in view.

• Gold was reported near US$4,019.39 early October 29, down 0.94% from the prior close.
• AEME.TO is highly concentrated in Agnico Eagle, so weakness in its gold-mining exposure can be amplified by the fund’s leverage.
• Market context pointed to cautious, risk-off sentiment; no specific Agnico Eagle news or trading volume data was verified.