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Actionable news in GG: GOLDCORP Inc,

Goldcorp (GG) Stock Skips Ahead, Gold Up on Weaker Dollar

NEW YORK (TheStreet) -- Goldcorp (GG - Get Report) shares are rallying 2.63% to $16.79 on Friday as gold prices gain on a weaker dollar.

The dollar was recently down 0.3% to $86.26 against a basket of 16 currencies, according to the Wall Street Journal.

Overall, the precious metal largely benefitted from the Federal Reserve's dovish comments on Wednesday, indicating that the central bank was taking a careful approach to raising interest rates this year.

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