MW: Crude oil down, gold higher ahead of data, FOMC
By Nick Godt
NEW YORK (MarketWatch) -- Crude oil fell and gold futures were higher early Wednesday, ahead of a report on new home sales in May and the Federal Reserve's decision on interest rates. Crude oil for August delivery fell 47 cents, or 0.6%, to $77.38 a barrel. Gold for August delivery was up $1.50, or 0.1%, at $1,242.20 an ounce.