Analyst: USD vs gold volatility match still lingers, but there is no need to worry - Video

The yellow metal was fluctuating during the recent sessions, however, remaining below the psychological $1,200/oz level.

Kitco News analysts Frank Holmes, however, notes that May and June are traditionally low seasonal months for the gold, thus there is no need to "worry over this sort of correction that’s been taking place day in and day out.”

Investors need to remember that we are going through the seasonal low that takes place in May-June.