UPDATE 5-Gold rallies to 2-week high on Saudi blasts

Newswire

(Updates to midafternoon in New York) By Zach Howard NEW YORK, Feb 24 (Reuters) - Gold bullion shot up 1.7 percent to a two-week high in late trade on Friday, supported by explosions and gunfire at a Saudi Arabian crude oil facility and surprisingly weak U.S. economic data, dealers said. Saudi Arabia's oil minister said the kingdom's oil and gas production was unaffected by an attempt to storm the huge Abqaiq oil facility, adding that exports from the plant were running normally. ...

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