Copper futures settled higher on Wednesday, supported by softer US dollar along with growing anticipation that the US Federal Reserve would pause raising interest rates. Meanwhile, investors are eyeing a US personal consumption expenditure report, which will be released on Thursday.
Copper futures for December delivery rose $0.0050 to settle at $3.8440 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.28 percent at $8,472.50 a ton.