Gold futures surged on Monday as the heightened tensions and violence in Ukraine burnished the precious metal's safe-haven appeal. However, the gains were capped on the back of some outflows from the top gold fund.
Gold futures for June delivery edged up 0.20 percent at $1,305.50 an ounce on the Comex division of the New York Mercantile Exchange. While spot gold was flat at $1,300.33 an ounce.
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