During most of the trading session, gold prices showed a slight increase, which was due to positive data presented by Germany and hopes that Greece's creditors are close to reaching an agreement on the level of debt. But over the last few hours the situation has changed, and the price of gold has risen sharply, breaking the mark of $ 1.745 per ounce and setting a new monthly high. This trend was due to the fact that according to information EU summit on the budget, ended without agreement, and is expected to continue into January. Note that 26 voted against, and for only one representative. It is learned that the key issues on which there was disagreement was the size of the budget. But despite that achieving agreement on the EU budget is still possible, but further cost reductions

December futures price of gold on COMEX today rose to 1748.70 dollars per ounce.