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Actionable news in KGC: KINROSS GOLD CORPORATION,

Kinross Gold (KGC) Stock Gaining as Gold Prices Rise

NEW YORK (TheStreet) -- Shares of Kinross Gold (KGC - Get Report) are higher by 5.8% to $5.47 in mid-morning trading on Friday, as the rally in gold prices drives some metal and mining stocks into the green.

The price of the precious metal is rising as a weak dollar spurred demand for the safe haven asset. Dollar dominated assets become less expensive to those that hold other currencies when the greenback is weak.

Gold for June delivery is climbing by 1.66% to $1,287.30 per ounce on the COMEX this morning.

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The dollar is down after...


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