Why Kinross Gold Stock Popped on Wednesday
Gold is up. So is Kinross.
Overview
Gold prices leaped higher on Wednesday, with the price of an ounce of the shiny metal rising 3% through 12:15 p.m. ET -- an increase of more than $130 per ounce.
Gold stocks weren't slow in following the price of gold higher. Kinross Gold Corporation (NYSE: KGC) stock is up 10.7% on no news other than the rising cost of gold.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.