Gold prices down on the background of decreasing willingness to take risks, while on a seven-week stay near the maximum.

Euro falls from a maximum of six weeks against the dollar and stock markets came underpressure, because Greece is not able to negotiate with creditors prior to EU summit, which starts on Monday.

Stocks ETF backed by gold funds last week increased by almost 200,000 ounces to 69.324 million ounces.

Cost of the February gold futures on the COMEX today declined to 1715.7 dollars per ounce.