Gold fell for a second session as polls showing British voters tilting toward remaining in the European Union reduced investor demand for a haven. Copper and other industrial metals advanced.
Bullion rallied to the highest in almost two years last week as global central bankers sounded the alarm that a British exit from the European Union could be disruptive to the global economy. Federal Reserve Chair Janet Yellen said concern over a so-called Brexit played a part in policy makers’ decision to hold off from raising rates last week. A turn in voter sentiment in the latest poll eased market concerns.