MW: Gold falls, oil up as traders weigh economic data
By Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- Gold futures edged lower, but pared some earlier losses, while oil futures climbed as traders digested news of a decline in consumer sentiment in March, flat U.S. industrial output in February, and a 0.4% rise in February consumer prices. Gold for April delivery GCJ2 -0.30% fell $4.80, or 0.3%, at $1,654.90 an ounce on the Comex division of the New York Mercantile Exchange. April crude oil CLJ2 +0.70% traded at $105.94 a barrel on Nymex, up 83 cents, or 0.8%.
