Will gold regain its lustre?

Shining bright: A worker polishes gold bullion bars at the ABC Refinery in Sydney. Gold could attract more bids and move towards US$1,900 in the coming months. — AFP

MANY investors see gold as a hedge or store of value against inflation. Yet, prices of the precious metal have been volatile lately despite the rise in global inflation expectations.

There are different forces are at play, driving the volatility, analysts note.