5th March 2014
Following two days of movement, gold prices were little changed in the early sessions of today (March 5th).
Safe-haven purchasing has cooled as tensions eased over imminent military action by Russia in Ukraine.
Traders are also still waiting for more concrete data out of the US about the strength of the country's economy.
Bullion prices have edged higher so far this year following 2013's fall, but the commodity is still very susceptible to economic and geopolitical uncertainty. By 0730 GMT, spot gold remained stable at $1,335 an ounce after yesterday's 1.2 per cent movement.
On Monday, when it looked as if there was to be conflict between Russia and the west over Ukraine, gold prices put on nearly two per cent to reach a four-month high.
Elsewhere, physical gold demand in Asia fell following the Lunar New Year holiday, as the price rise has discouraged buyers looking for bargains.
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