Copper futures settled higher on Tuesday on optimism about new infrastructure projects in the world’s top metals consumer China, while a softening US dollar also making copper more attractive to foreign traders. Although, investors will be eyeing on the US Federal Reserve's policy decision that might see a sharp hike in interest rates.
Copper futures for September delivery gained $0.03 to settle at $3.3845 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.77 percent at $7,536.50 a ton.