Copper futures ended higher on Friday as the US dollar weakened from 20-year highs, which helped dollar-priced metals by making them cheaper for buyers with other currencies. Meanwhile investors are dialed back their expectations for a huge US Fed interest rate hike, also supported red metal prices.
Copper futures for September delivery gained $0.0510 to settle at $3.3495 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 1.78 percent at $7,452.50 a ton.