Market Extra: Gold futures post biggest daily gain in nearly a month after U.S. inflation data

by | Nov 14, 2023 | Stock Market

Gold futures finished higher on Tuesday, with prices scoring their biggest daily percentage gain in nearly a month as the U.S. dollar and Treasury yields declined in the wake of data showing that the cost of living was unchanged in October. Gold for December delivery
climbed by $16.30, or 0.8%, to settle at $1,966.50 an ounce on Comex. That was the biggest one-day percentage gain for a most-active contract since Oct. 18, according to Dow Jones Market Data.

The U.S. consumer price index reading has …

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