Gold contract of June was higher

[gnutrade.satya]

Gold prices saw a moderate day as there were concerns lingering over the euro zone credit crisis, but global equity market rallies and the euro's bounce capped the rise. Jonathan Jossen, independent COMEX trader representing several large hedge funds, said : "gold resuming its upward trend once the rollover period had run its course. Since you have players on both sides of the market, it keeps the price in place. So, we're in a tight range, but once the roll is over, I think we're going back up."
The June contract for gold was at $1,211.90 an ounce, $1.50 higher.