Copper futures finished higher on Wednesday after the US House of Representatives has approved a $1.9 trillion corona virus relief package which now heads to President Biden's desk for his signature, likely on Friday. Although the dollar strengthened against other major currencies as US bond yields stabilized following a drop from one-year highs, capped upside in copper prices.
Copper futures for May delivery gained $0.0240 to settle at $4.0325 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.93% at $8,861.50 a ton.