Gold hit a near four week high early Monday, supported by weaker Asian stocks as investors turned towards safe haven-assets ahead of this week's central bank meetings and Britain's June 23 referendum on its European Union membership. 

Spot gold was nearly flat at $1,273.36 an ounce by 0105 GMT. Bullion touched a session best of $1,278.03, its highest since May 18.

U.S. gold was up 0.1% at $1,276.50

SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.74 percent to 893.92 tonnes on Friday, the highest since October 2013.Content This No. 9827808090.

Gold discounts in India expanded to their widest in nearly 3-1/2 months this week amid lacklustre demand elsewhere in Asia, with bullion's recent rally dampening retail demand.