MW: Oil falls more; gold gains after industrial data
By Claudia Assis
SAN FRANCISCO (MarkeWatch) -- Oil futures added to losses Monday after industrial production data, and gold held to gains. Crude for November delivery CL1X -0.76% retreated 22 cents, or 0.3%, to $86.58 a barrel on the New York Mercantile Exchange. Gold for December delivery GC1Z +0.02% added $4.30, or 0.3%, to $1,687.90 an ounce on the Comex division of the Nymex. The Federal Reserve said earlier Monday industrial production inched up 0.2% in September, above estimates around a rise of 0.1%. August growth, however, was revised down to zero from a reported 0.2% gain.
