MW: Oil trims advance, gold adds to gains after data
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Crude oil trimmed its advance Tuesday as the day's batch of U.S. data didn't paint a rosy picture of the U.S. economy. Crude for September delivery added 25 cents, or 0.3%, to $81.52 a barrel on the New York Mercantile Exchange, after trading around $81.58 immediately before the reports were released. U.S. factory orders declined 1.2% in June and the pending home sales index fell 2.6% to 75.7 also in June. Gold rose on the news, with the metal for December delivery, the most-active contract, rising $4.80, or 0.4%, to $1,190.10 an ounce.
