Copper futures settled up on Tuesday as soft US dollar made copper cheaper to holders of other currencies. Continuing monetary support measures by the Chinese authorities to boost economy also helped copper prices to trade higher. But, investors were cautiously awaiting US Federal Reserve's Jackson Hole symposium later this week with expectations that Fed could keep interest rates higher for longer.
Copper futures for September delivery gained $0.0385 to settle at $3.7570 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.06 percent at $8,362.50 a ton.