Copper futures settled higher on Thursday supported by hopes that Chinese government will roll out further support to boost economic growth, especially in the property sector. A weaker dollar also made it more attractive to buy the greenback-priced commodity.
Copper futures for September delivery gained $0.0560 to settle at $3.8995 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.19 percent at $8,611 a ton.