Gold was traded close to the lowest level in a month after filings showed that Blackrock Inc. and George Soros reduced their exchange-traded products backed with the metal suggesting that demand is weakening as U.S. stocks rally to records. Bullion for delivery in May was little changed at $1,391.10 an ounce as of 3:04 p.m. Singapore time after falling to $1,387.30, the lowest since April 19.