Gold Down, Hits 7-Week Low, on Greece-EU Deal, Bearish Outside Markets

Kitco News) – Gold prices are under moderate selling pressure and hit a seven-week low in early U.S. trading Monday, on some better risk appetite in the market place and amid bearish outside markets—a stronger U.S. dollar index and lower crude oil prices.

Gold Could Fall Next Week On Yellen, Tentative Greece Deal

(Kitco News) – Gold prices could see some more pressure in the near-term as the market ends the week in negative territory.

Centerra’s Project Pipeline Poised To Give Sequential Growth

(Kitco News) – With a lot of gold mining companies focused on battening down the hatches and riding out this low gold price environment, while watching costs, Centerra Gold Inc.’s (TSX:CG) project pipeline shows promise.

Greece Can’t Stick To A Deadline, But The NHL Can – TD Securities

Gold and silver traders are having a hard time handling volatility as the metals react to every headline surrounding the U.S. Federal Reserve and uncertainty in Greece, says Steve Scacalossi, director and head of sales for TD Securities, adding that it will likely continue. “The games will continue as we head to the first deadline of Feb 28th when the Greek bailout package officially ends,” he says. “[I]t was supposed to end in December, but that was extended, and likely will be extended again… Same goes for the Fed, where two weeks ago things were quite dovish, turned hawkish, and now sentiment has shifted back to dovish,” he adds. On a lighter note, comparing financial markets to the NHL, Scacalossi says at least hockey fans know that the NHL sticks to its deadlines. “I can only point to the world of sports where with certainty we know that March 2 is definitely the trading deadline for the NHL.”

U.S. Flash PMI Rises To 54.3 In February

(Kitco News) – The U.S. manufacturing sector is finding some momentum in February, reversing some of the weakness at the start of the year, according to the latest Purchasing Managers Index data.

2014 Global Gold Mine Output Rose 2.25%; Canada See Biggest Rise – Natixis

(Kitco News) – Global gold mine production rose in 2014 by at least 2.25% to 2,875 tonnes, with Canada seeing a large jump in output last year, according to a French-based investment bank.

Gold Sees Modest Rally on Some Safe-Haven Demand

Gold prices have rebounded from overnight selling pressure to trade modestly higher in early U.S. dealings Friday.

The 6PM Recap With Gary Wagner: Doves And Hawks Greeks And Germans

As is their usual pattern, markets can’t decide on what the FOMC minutes actually mean for the U.S. economy as a whole.Gold was up on a dovish interpretation of the minutes for a while today, having traded as high as 1224.

Newmont Posts 4Q, Full-Year Profit As Cash Costs Lower

(Kitco News) – Newmont Mining Corporation (NYSE: NEM) reported net income of $39 million, or 8 cents per share, in the fourth quarter and $548 million, or $1.10 per share, in 2014.

Gold Price Not As Sensitive To ‘Calendar Events’ As Many Believe – Capital Economics

(Kitco News) -With Chinese markets closed in celebration of the Lunar New Year, some analysts are expecting to see lower gold prices as a result of weaker demand. However, one research firm is not convinced that will be the case.

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