Copper futures settled higher on Monday ahead of US inflation data that could hint at the date of the first Fed interest-rate cut this year. Meanwhile, trading was thin as markets in China were closed for the Lunar New Year holiday.
Copper futures for March delivery gained $0.0425 to settle at $3.7240 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.81 percent at $8,235 a ton.