🔴 Kinross Gold is trading 4.49% down today as gold weakness pressures shares

Kinross Gold is trading at $22.75, down 4.49%, with gold weakness appearing to be the main sector pressure.

• Reuters reported spot gold fell 1.4% to $4,081.89 on October 22, as higher oil prices heightened inflation concerns and prospects of higher interest rates weighed on bullion.
• The supplied market context showed the S&P 500 down 1.35% and Nasdaq down 2.19%.
• No clear company-specific catalyst was identified for Kinross Gold on October 22.