Gold Up On Short Covering, Bargain Hunting, Safe-Haven Buying

(Kitco News) – Gold prices ended the U.S. day session moderately higher Tuesday, boosted on some short covering in the futures market and bargain hunting in the cash. There was also some safe-haven demand seen for gold amid mounting concerns over the Greece-EU debt impasse. June Comex gold was last up $8.30 at $1,202.00 an ounce. May Comex silver was last up $0.116 at $16.005 an ounce.

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