🔴 Gold Miners ETF (AEME.TO) is trading 4.1% down as investors lock in gains after seven-day surge

AEME.TO is trading at CA$14.28 (-4.10%) as investors lock in gains after its recent seven-day surge.

• Weakness in underlying gold-mining shares is also weighing, including Agnico Eagle, which fell 4.49% on August 26.
• Gold’s August 26 selloff and uncertainty ahead of Federal Reserve Chair Kevin Warsh’s Jackson Hole appearance are keeping precious-metals sentiment volatile, despite bullion stabilizing modestly on August 27.