🔴 Gold Miners ETF (AEME.TO) is trading 3.22% down today as profit-taking follows a sharp seven-day rally

AEME.TO is trading 3.22% down today, primarily due to profit-taking after a sharp seven-day rally alongside a pullback in gold.

• Gold opened above US$4,700 but retreated to US$4,674.60; another report showed spot gold down 1.22% at US$4,626.73.
• Investors are reducing risk ahead of the July PCE inflation release and Jackson Hole Symposium, which could influence interest-rate expectations and precious-metals sentiment.
• AEME.TO’s concentrated Agnico Eagle exposure magnifies gold-miner moves.