SINGAPORE (Reuters) - Gold ticked lower on Tuesday but held near its strongest level in four months on concerns over economic growth in China and political uncertainty over Ukraine after acting President Oleksander Turchinov warned the country was close to default.
FUNDAMENTALS
* Spot gold eased 0.07 percent to $1,335.60 an ounce by 0020 GMT after rising as high as $1,338.60 on Monday, its strongest since late October.
* U.S. gold was at $1,335.70 an ounce, down $2.30. It jumped to a four-month high of $1,339.20 on Monday.
* Ukraine's fugitive president was indicted for "mass murder" on Monday over the shooting of demonstrators, as new leaders in Kiev sought urgent Western aid to make up for a loss of funding from Russia, which is angry at the overthrow of its ally.
* SPDR Gold Trust GLD, the world's largest gold-backed exchange-traded fund, said its holdings rose 0.41 percent to 801.61 tonnes on Monday from 798.31 tonnes on Friday.
* Newmont Mining Corp
MARKET NEWS
* Asian share markets looked set for a bounce on Tuesday as Wall Street sped to historic highs amid more mergers buzz.
* Emerging stocks fell on Monday as Chinese shares posted their biggest loss in seven weeks on worries about the property market, while Ukraine's debt insurance costs dropped sharply on expectations of western aid.
(Reporting by Lewa Pardomuan; Editing by Michael Perry)
