MW: Crude rises as gold heads back toward $1,700/oz
By V. Phani Kumar
NEW YORK (MarketWatch) -- Crude-oil prices climbed early Wednesday as U.S. stock futures pointed to a strong opening on Wall Street and on optimism that the euro zone will be able to contain its debt crisis. Gold futures also advanced, supported by U.S. dollar against major currencies including the euro. Light, sweet crude futures for delivery in November CL1X +0.07% added 39 cents, or 0.5%, to $86.20 a barrel to extend the previous session's gains. December gold prices GC1Z +1.38% advanced $29.10, or 1.8%, to $1,690.10 an ounce.
