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

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 GCZ23 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…