Kinross Gold Plunges 4.78% as $490M Volume Ranks 215th Amid Institutional Pressure and Bearish Bias

Kinross Gold (KGC) closed down 4.78% on September 24, 2025, with a trading volume of $0.49 billion, ranking 215th in market activity for the day. The decline marked a significant reversal from recent momentum, as institutional selling pressure outweighed short-covering activity in the final hours of trading.

Market participants attributed the selloff to a combination of technical resistance at key moving averages and broader macroeconomic concerns. Analysts noted that the stock's failure to sustain above $3.50 per share triggered automated stop-loss orders, accelerating the downward trend. Positioning data showed hedge funds had increased net short exposure by 12% in the prior week, suggesting pre-existing bearish bias.

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