The Ubika Gold 20 Index (UG20) slipped 10.6% this month yet still beat the TSX Gold Index benchmark, which sank 13.3%. Both indexes were hurt by the sliding price of gold, which fell 1.6% to just over US$1,100/ounce. Alamos Gold (TSX: AGI) was the top-performing component company this month, gaining 9%. As well, a new gold junior was chosen to replace Romarco Minerals Inc. (TSX: R) in the index.
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