MW: Oil, gold trim gains after consumer confidence
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Crude-oil and gold futures trimmed their gains Tuesday after the Conference Board reported that a gauge of U.S. consumer confidence declined in March to 70.2 from a February reading of 71.6. Economists polled by MarketWatch expected a reading of 71.5. Crude for May delivery CLK2 +0.42% rose 51 cents, or 0.5%, to $107.55 a barrel on the New York Mercantile Exchange. Gold for April delivery GCJ2 +0.40% gained $7.20, or 0.4%, to $1,692.90 an ounce on the Comex division of the Nymex.
