Copper futures settled higher on Thursday, buoyed by a weaker dollar as cooling inflation data in the United States fuelled expectations of an imminent end to the US Federal Reserve's interest rate-hike cycle. Moreover, upbeat trade data from the world’s top metals consumer China also helped copper prices to trade higher.
Copper futures for May delivery gained $0.0430 to settle at $4.1240 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.59 percent at $9,058.50 a ton.