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Gold drops more than 2% to a two-week low

Gold fell more than 2% to a two-week low, weighed by elevated Treasury yields and a stronger U.S. dollar. Spot gold was down 2% at $4,360.39 per ounce, with technical selling after breaking below its 200-day moving average.

GOLD

By Dharna BafnaGold dropped more than 2% on Tuesday to a two-week low as elevated Treasury yields and a stronger U.S. dollar weighed on prices, while bullion's break below its 200-day moving average triggered additional technical selling.Spot gold TVC:GOLD was down 2% at $4,360.39 per ounce at 09…