Kinross Gold is trading 4.07% up now at $31.07, as gold held near a two-month high while Treasury buybacks pushed long-term yields and the dollar lower.
- Reuters reported gold futures rose 0.6% to $4,569.80.
- CNBC linked the precious-metals rally to the Treasury Department’s decision to double longer-dated bond buybacks, supporting broad mining shares.
- Kinross Gold’s August 20 ex-dividend date is not a positive catalyst; no company-specific catalyst was identified.