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Kinross Gold (KGC) Stock Closed Down on Lower Gold Prices

NEW YORK (TheStreet) -- Shares of Kinross Gold (KGC) closed lower in Friday's trading session as a drop in gold prices weighed on the Canadian gold miner.

Gold for December delivery was down 0.66% to $1,341.10 per ounce on the COMEX this afternoon.

The precious metal likely suffered from outflows from gold exchange-traded funds and as traders closed out long positions before the weekend, George Gero, managing director at RBC Wealth Management, told the Wall Street Journal.

"It's a very...


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