On September 17, Agnico Eagle Mines rose 3.19% in pre-market trading, trading at 202.3 USD/share, with turnover of $3.8231 million.

On the news front, the Federal Reserve announced a 25-basis-point rate hike early on September 17, lifting the federal funds rate target range to 3.75%–4.00%. CME data had previously shown market pricing for this hike had exceeded 92%, indicating the move was fully discounted. Institutions had noted that the rate hike expectations were thoroughly priced in, and as long as the Fed refrained from signaling a sustained tightening cycle, gold was poised for a bottom rebound — a classic case of bearish exhaustion upon the event materializing.

Within the Gold sector, the broader group rallied in tandem. Among individual stocks, Coeur Mining rose 3.7%, Wheaton Precious Metals rose 3.25%, Kinross rose 2.84%, Barrick Mining Corporation rose 2.82%, and Newmont Mining rose 2.66%.

Agnico Eagle Mines is Canada's largest mining company and the world's second-largest gold producer, with precious metals operations spanning Canada, Australia, Finland, and Mexico, along with multiple exploration and development project reserves.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)