Copper futures settle higher as dollar weakens
Copper futures settled higher on Tuesday as the US dollar weakened against its peers ahead of decision on interest rates by the US Federal Reserve due later in the day, that makes copper more attractive to buyers holding other currencies. Further, easing concerns over the banking crisis after UBS' state-backed takeover of Credit Suisse, also supported copper prices’ uptrend.

Copper futures for May delivery gained $0.0425 to settle at $3.9940 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.69 percent at $8,757.50 a ton.