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Gold, oil jump after US missile strike on Assad base

Gold and oil futures jumped more than 1% April 7 after the U.S. fired 59 cruise missiles at a Syrian government air force base in retaliation for a gas attack days earlier that killed dozens of civilians including many children.

WTI crude jumped 1.6% to $52.55 a barrel by 3:36 a.m. Eastern Time, while Brent gained 1.5% to $55.72. Gold added 1% to $1,265.80 an ounce. The FTSE 100 share index was flat and the dollar little changed against major currencies after the attack, which came as President Donald Trump hosted Chinese President Xi Jinping at his Mar-a-Lago resort in Florida, in a meeting overshadowed by the issue of how to deal with North Korea and its growing weapons capacity.

Russia President Vladimir Putin called the U.S. missile strike "aggression against a sovereign nation" and said it had damaged relations between Moscow and Washington, Reuters reported.