Bullion has hovered in a narrow trading range.
Investors reacted to the worst crisis in Europe since World War II.
SPDR Gold Shares has seen net outflows of about $10.4 billion so far this year.
Gold prices are down about 15% from last year's record high.
Investors have been turning away from bullion-backed exchange-traded funds amid the continued strength in equities.
But most investors still see gold as a long-term store of value.
Gold Bullion has gained more than 30% this year.
Gold has rallied, even as U.S. stock indexes hover near record highs.
Pension funds, insurance companies and private wealth specialists have joined the gold party.
Gold is heading for a seventh weekly gain, the longest stretch since 2011.
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