Gold was trading near its highest in three weeks on Tuesday, holding gains from the last two sessions as more intense fighting in Ukraine lifted the metal’s safe-haven appeal.
Spot gold rose 0.1 percent to $1,310.70 an ounce by 0020 GMT, after gaining 2 percent over the last two sessions. On Monday, gold climbed to $1,315.60 – its highest since April 15, before paring some gains.
Pro-Russian rebels shot down a Ukrainian helicopter in fierce fighting near the eastern town of Slaviansk on Monday, and Kiev drafted police special forces to the southwestern port city of Odessa to halt a feared westward spread of rebellion.
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