Copper futures settled higher on Friday as US dollar weakened against its major peers overseas ahead of a series of Fed officials’ speeches, which could provide further insight into the Fed's monetary policy stance. Copper prices improved further by tracking China’s new measures to boost liquidity in the stock market and expectations of more stimulus measures after the Country released weak economic data.
Copper futures for December delivery gained $0.0595 to settle at $4.3845 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.15 percent at $9,625.50 a ton.