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Gold Investor Index Falls to 4-Year Low on Selling

Gold demand exceeded sales by the smallest margin in four years last month as higher prices spurred some investors to reduce their holdings.

BullionVault’s Gold Investor Index fell to 51.2, the lowest since February 2010, from 52.4 in May, the London-based company said today. Readings greater than 50 signal more buyers than sellers. Gold climbed 6.2 percent to $1,327.33 an ounce in June, the biggest monthly advance since February.