During the recent phase of market optimism that has driven global equities more than 50 per cent higher since March, gold prices have remained relatively stable.
Bullion prices during this period have not sold off on dramatically elevated levels of risk appetite, nor have they risen strongly through bouts of risk aversion. Meanwhile, the dollar sell off since March has only had a limited impact.So what will drive gold out of its current range between $890 and $990 an ounce? Will the dollar regain its influence? Has inflation yet to have an impact?
Suki Cooper on the Commodities Research team at Barclays Capital focuses on precious metals markets, covering gold, silver, platinum and palladium. Send her your questions now using the form below or email to ask@ft.com.