By Deborah Levine
NEW YORK (MarketWatch) -- Gold and crude-oil futures extended losses on Wednesday after a pair of U.S. reports showed U.S. consumer prices rose 0.1% last month and manufacturing in the New York area improved this month. Gold for February delivery fell $16.90, or 1.2%, to $1,387.70 an ounce. Oil futures for January delivery declined 95 cents, or 1.1%, to $87.31 a barrel. Both commodities were lower before the data as a warning from Moody's Investors Service about its rating on Spain weighed on stocks.
