Gold Ends Modestly Weaker, Hits 7-Week Low, Amid Bearish Outside Markets, Greece-EU Deal

(Kitco News) – Gold prices on Monday ended the U.S. day session modestly lower, but well off the daily low, and did hit a seven-week low early on. Some better risk appetite in the market place and bearish outside marketsâ??a stronger U.S. dollar index and lower crude oil pricesâ??helped to pressure gold. April Comex gold was last down $3.90 at $1,201.30 an ounce. May Comex silver last traded up $0.25 at $16.345 an ounce.

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