Updates prices

Nov 5 (Reuters) -Copper extended gains on Tuesday, aided by a subdued dollar, while caution prevailed as investors looked to the closely-fought U.S. presidential election and stimulus cues from top consumer China.

Three-month copper on the London Metal Exchange (LME) CMCU3 was up 0.3% to $9,726.5 per metric ton by 0735 GMT, after hitting a two-week peak earlier in the session.

The most-traded December copper contract on the Shanghai Futures Exchange (SHFE) SCFcv1 closed 0.8% higher at 77,630 yuan ($10,923.96) a ton.

The dollar =USD edged down slightly to 103.81 as traders squared positions on the day of the U.S. election, making metals more appealing to other currency holders. USD/

Also helping prices was a survey that showed China's services activity expanded at the fastest pace in three months in October. This was followed by the unexpected manufacturing activity expansion.

"Copper's short-term trend will depend on who wins the election and what details the Chinese officials disclose... A Trump presidency could pressure prices as it will exacerbate trade tensions with China," Marex consultant Edward Meir said.

This week's meeting of China's National People's Congress standing committee is in the spotlight as investors look for further details on stimulus measures.

Elsewhere, the U.S. election is proving to be a tight race between Democrat Kamala Harris and Republican Donald Trump, and the winner may possibly not be known for days.

The Federal Reserve is expected to cut rates by 25 basis points on Thursday. FEDWATCH

"We think copper can rally temporarily to $10,000 over the coming week, on the back of China easing, Fed easing, and a broader equity risk on (should Trump win), or a reduction in tariff fears (should Harris win)," analysts at Citi wrote in a note.

LME aluminium CMAL3 added 0.6% to $2,634.5 a ton, nickel CMNI3 climbed 1.1% to $16,185, zinc CMZN3 gained 0.8% at $3,060.5, lead CMPB3 increased 0.3% to $2,040 and tin CMSN3 rose 0.1% to $32,185.

SHFE aluminium SAFcv1 added 1.2% at 21,010 yuan a ton and tin SSNcv1 rose 0.3% to 262,150 yuan, while nickel SNIcv1 fell 0.2% to 124,520 yuan, zinc SZNcv1 slipped 0.2% to 25,065 yuan and lead SPBcv1 lost 0.3% to 16,755 yuan.

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Reporting by Ashitha Shivaprasad in Bengaluru; Editing by Rashmi Aich and Varun H K

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