MW: Crude-oil futures decline as gold rises modestly
By V. Phani Kumar
NEW YORK (MarketWatch) -- Crude-oil futures declined early Wednesday, weighed down by concerns about global demand amid European debt troubles, while gold prices moved modestly higher on risk aversion and a weakened U.S. dollar. December gold futures GC1Z +0.03% rose $4.80, or 0.3%, to $1,834.90 an ounce, while crude-oil for delivery in October CL1V -0.65% shed 60 cents, or 0.7%, to $89.61 a barrel. The dollar index DXY -0.24% , which measures the greenback's perfomance against six major rivals, slipped in early North American trading.
