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Actionable news in KGC: KINROSS GOLD CORPORATION,

Kinross Gold (KGC) Stock Soars on Higher Gold Prices

NEW YORK (TheStreet) -- Shares of Kinross Gold (KGC - Get Report) are surging by 9.79% to $5.16 on Thursday afternoon, as gold prices trade in the green.

For June delivery, gold is jumping by 1.31% to $1,266.90 per ounce on the COMEX this afternoon.

The price of the yellow metal is gaining after data showed that the U.S. economy increased by a slow 0.5% rate during the first quarter and the dollar declined, the Wall Street Journal reports.

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