Born2bwire,
I don't quite understand your comment that the dielectric constant is irrelevant due to the large conductivity.
In optics one usually choses the polarization P=\int dt j(t) or, in Fourier space, P(\omega)=-j(\omega)/{i \omega}, where j is the induced current in the material (see, e.g. Landau Lifshetz, electrodynamics of continuous media).
Hence the equation you write down is an exact relationship and not just an approximation for any material. However, the conductivity depends generally on frequency and can be complex. In the optical region in metals, it is usually not justified to replace the conductivity by its static value.
The dielectric function of metals is usually inferred from reflectivity measurements and its values in the optical region can be found e.g. in Landolt/Boernstein.