Question

why does a freely suspended magnet always settle ​

Answer 1

Its because of the pole since the magnets shows repulsion to like poles but the Fact that they always settle at north and south direction because of the pole

Answer 2

$\mathbb{\huge{\purple{Zia\: Dilliwali}}}$

As u better know Earth act as a magnet thats why whenever u left a freely suspended magnet it will be towards North South Drxn due to magnetic attractions...