Gold steadied on Wednesday after hitting a five-month peak as political tensions simmered, leaving investor interest in safe havens like the precious metal largely in tact. Tarnishing an otherwise brightening outlook for global growth, tensions continued over the Korean peninsula and the Middle East, while worries about the upcoming French presidential election persisted. Spot gold was mostly unchanged at $1,274.54 per ounce by 1414 GMT. It hit its strongest since Nov. 10 at $1,279.80 earlier, extending the previous session's near 2 percent gains. U.S. gold futures rose 0.2% to $1,276.8.

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