MW: Gold pares gains, oil under pressure after data
By Deborah Levine
NEW YORK (MarketWatch) -- Gold gave up most of its earlier gains and crude futures pared losses on Tuesday after a pair of reports on U.S. retail sales and wholesale prices last month came in stronger than forecast. Gold for February delivery rose $2.10, or 0.1%, to $1,399.70 an ounce, after reaching $1,408.90 earlier. Oil for January delivery slipped 18 cents to $88.46 a barrel.
