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Precious metal prices climbed higher following the update, and gold rallied over 1.2% towards the peak of US$ 1300 per ounce for the first time since August last year. Silver surged nearly 1% to retest the US$ 18 per ounce threshold while platinum and palladium prices also improved on Tuesday. Among the base metals, copper averaged roughly US$ 5680 per tonne while aluminium continued its 'strong rally', growing 1.2% towards US$ 1840.