A magnetic field sensor includes at least one coil responsive to an AC coil drive signal; at least two spaced apart magnetic field sensing elements responsive to a sensing element drive signal and positioned proximate to the at least one coil; and a circuit coupled to the at least two magnetic field sensing elements to generate an output signal of the magnetic field sensor indicative of a difference between a distance of a conductive target with respect to each of the at least two spaced apart magnetic field sensing elements.