Copper futures settled higher on Wednesday due to strong demand from world’s top metal Consumer China and with optimism that at least a partial deal on more US fiscal stimulus may happen.
Copper futures for December delivery gained $0.0695 to settle at $3.0330 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 2.28% at $6,679 a ton.