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Gold prices rise before more economic cues; Copper surges on China hopes.

Gold prices advanced on Tuesday, tracking mild weakness in the dollar as traders hunkered down before a slew of key U.S. economic readings this week, although the prospect of higher-for-longer U.S. interest rates still kept gains subdued.

Among industrial metals, copper prices rallied 1% on reports that the Chinese government was preparing more measures to support local markets. China is the world’s largest copper importer, and has been a key pain point for copper prices.

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