Copper futures settled higher on Thursday due to improved consumption in the world’s top metal consumer China. Copper prices improved further on news of Swiss central bank's financial support to Credit Suisse. Although, investors are cautiously awaiting interest rate decisions from the US Federal Reserve later this month.
Copper futures for May delivery gained $0.0215 to settle at $3.8645 a pound on the comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.16 percent at $8,518 a ton.