Aguero, who turned 30 in the close-season, has now scored 14 times in his last eight Premier League games at City's Etihad Stadium.
The last side to win the Community Shield and then go on to clinch the Premier League title were Manchester United in 2010-11.
France beat Lionel Messi's Argentina 4-3 in a thrilling last 16 World Cup match on Saturday as teenager Kylian Mbappe scored two goals in a superb performance in Kazan.
Argentina have to get past Nigeria in their last league match to qualify for the knockouts.
Argentina, with only one point from two matches, are teetering on the edge of inglorious elimination.
Lionel Messi is yet to win a major international tournament and time is running out with his 31st birthday looming.
Aguero scored 21 goals for City in the Premier League this season despite it being cut short after he aggravated an injury to his right knee.
Sergio Aguero hasn't played for Manchester City since their Champions League quarter-final defeat by Liverpool on April 10.
Sergio Aguero's next goal will his 200th for Manchester City, but it is the Argentine's willingness to do much more than just score that has won the confidence of his manager Pep Guardiola.
Manchester City won the first trophy of the Pep Guardiola era on Sunday, thumping a disappointing Arsenal 3-0 in the League Cup final at Wembley.
A famous night was marred, however, by a post-match pitch invasion by Wigan supporters which saw a number of them confront Manchester City players.
Sergio Aguero took centre stage with a finishing masterclass to take his tally in Manchester City's last seven home games to 14 goals.
City's 30-match unbeaten run in the league, which spanned two seasons, came to a dramatic end with a 4-3 defeat by Liverpool at Anfield last week.
A goal in stoppage time by Sergio Aguero saved Manchester City's blushes as it was enough to secure a 2-1 win over second-tier Bristol City in their League Cup semi-final first leg clash on Tuesday
Manchester City boss Pep Guardiola named a strong team including Sergio Aguero, Leroy Sane and Raheem Sterling at Eastlands.
Sergio Aguero gave Argentina a deserved win at Moscow's renovated 81,000-capacity Luzhniki stadium.
Manchester City have 10 wins and a draw from their opening 11 Premier League games this season.
Aguero scored via the post after Nacho Monreal was judged to have brought down Raheem Sterling with a clumsy challenge in the 49th minute at the Etihad Stadium.