Briefs
Gold cuts losses on Ukraine tensions; holds near $1,300
By A. Ananthalakshmi
Spot gold fell as much as 0.6 percent to $1,297 early in Asian trading but had settled down 0.2 percent at $1,301.20 by 0632 GMT.
Asian stocks were flat and the dollar sagged against the safe-haven yen, as another bout of tensions in the Ukrainian conflict sapped investor confidence.
While geopolitical tensions prompted some safe-haven demand for gold, worries over more downside lingered after a 0.6 percent drop on Friday.
The lack of strong physical demand and firm equities could hurt gold, the trader said.
Silver was hovering near a two-month low.