Hopes for more monetary stimulus also boosted metals, with the Bank of England expanding its bond-buying programme and the Federal Reserve saying further monetary and fiscal support is likely needed.
NEW YORK: Gold touched a six-week high and copper advanced for a fourth straight session, boosted by a declining dollar and the outlook for further central-bank stimulus as investors await the final outcome of the US presidential election.
A gauge of the dollar touched a two-year low, with investors pricing in a likely Joe Biden presidency.
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