AEME.TO is trading at CA$12.80 (-3.47%) as rising global yields and a stronger rate outlook weigh on gold and gold-mining shares.
- Japan’s 10-year yield reached 3%, while the U.S. 10-year Treasury yield climbed near 4.78%; gold fell toward $4,425 as higher yields reduced demand for non-interest-bearing bullion.
- The sector is also digesting Federal Reserve Chair Kevin Warsh’s hawkish inflation stance and elevated oil prices following renewed U.S.-Iran tensions, increasing inflation and rate risks.