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Kinross Gold Soars With Gold | Business and Finance News
Description
Kinross Gold soars over 10% as gold prices climb — not from company news, but because the dollar’s weakening and inflation fears are pushing investors toward the yellow metal. Treasury’s accelerated bond buybacks add fuel to the fire, but could also lure money back into stocks. Since Kinross moves almost exactly with gold, its future is tied to the precious metal’s next move.
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