US gold futures hit 2-wk low on dollar, stock rally

Newswire

NEW YORK, April 26 (Reuters) - U.S. gold futures fell to a two-week low and other precious metals also slid early on Thursday, as a stronger dollar and a bullish stock market prompted funds and investors to switch money out of the metals futures. At 10:11 a.m. EDT (1411 GMT), most-active gold for June delivery on the COMEX division of the New York Mercantile Exchange was down $10.90, or 1.6 percent, at $676.50 an ounce. It hit a high of $690.30 in early trading and touched a low of ...

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