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Gold jumped more than 1 percent on Tuesday. Spot gold rose 1.48 percent to $1,272.75 per ounce, while U.S. gold futures for June delivery gained 1.71 percent to $1,275.40.

Investors sought assets seen as havens from risk as political and security tensions rose over North Korea, the Middle East and the uncertain result of the upcoming French presidential election.

Global tensions soared when Western countries were joined by Middle Eastern allies in a push to isolate Syrian President Bashar al-Assad following a chemical attack in the country. French elections were also a risk factor which boost demand for safe-haven assets among many investors.

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