Gold down over 1 pct in New York as US shares sink


NEW YORK, Feb 27 (Reuters) - U.S. gold futures fell more than 1 percent early Tuesday, despite a weaker dollar, as a broad decline in the stock market prompted investors to take profits. At 10:43 a.m. EST (1543 GMT), most-active gold for April delivery on the COMEX division of the New York Mercantile Exchange was down $9.30, or 1.4 percent, at $680.50 an ounce, trading in a wide range between $677.20 and $690.70. Greg Weldon, chief executive of, said that gold had been ...

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