Gold edges higher -

Gold edged higher on Monday as the prospect of further sanctions on Russia over its invasion of Ukraine knocked stock markets and blunted appetite for risk, though elevated US Treasury yields and a stronger dollar limited gains, reports Reuters.
Spot gold was up 0.3 per cent at $1,930.02 per ounce by 1130 GMT, while US gold futures GCv1 rose 0.5 per cent to $1,933.80.
"We haven't seen any progress in the peace talks and negotiations between Russia and Ukraine, so we have seen a modest return of the risk-off scenario, which is lifting gold prices," said Carlo Alberto De Casa, an external market analyst at Kinesis. Global outrage spread on Monday at civilian killings in north Ukraine, as fighting raged on in the country's south and east.
Germany said the West would agree to impose more sanctions on Moscow, causing share markets to turn cautious.
Further gains in bullion were however capped as Friday's solid jobs report for March cemented expectations of bigger interest rate hikes by the US Federal Reserve.
The dollar index was buoyed as US two-year Treasury yields climbed to their highest since early 2019.