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The value of gold against a background of declining controversial news from Europe. The concern of investors led information that Italy has worsened the budget deficit forecast for this year from 1.6% to 1.7% of GDP. In this case the target deficit for 2013 was changed from 0.1% to 0.5% of GDP.
Good statistics on the UK labor market, registered a decline in unemployment from 8.4% to 8.3%, was neutralized by weak data on production in the construction sector in the eurozone.
In addition, successful results of the auction on placement of the German debt securities.For example, Germany has attracted 4.2 billion euros by record low interest rate - 0.14%.
May futures on the COMEX gold fell today to $ 1639.1 an ounce.
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