SINGAPORE (Reuters) - Gold held steady just above $1,300 an ounce on Thursday supported by tensions in Ukraine, but the metal was at the risk of adding to recent losses as the world's biggest gold-backed fund saw its sharpest outflow in nearly four months.
FUNDAMENTALS
* Spot gold was little changed at $1,302.20 an ounce by 0022 GMT, after closing flat on Wednesday.
* Holdings in SPDR Gold Trust fell 8.39 tonnes to 798.43 tonnes on Wednesday - the biggest outflow since Dec. 23, indicating waning investor interest.
* Gold fell nearly 2 percent on Tuesday, on technical selling and growing fears about slowing demand in top consumer China.
* Heightened geopolitical tensions in Ukraine kept the metal supported near $1,300 after the fall. Separatists flew the Russian flag on armoured vehicles taken from the Ukrainian army, humiliating a Kiev government operation to recapture eastern towns controlled by pro-Moscow partisans.
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(Reporting by A. Ananthalakshmi)