I've been dealing with this issue myself; I've been able to draw a few conclusions, I've had the pump replaced twice now (both rebuilt units) as well as a brand new accumulator - If you put your finger on the red line that connects the pump and the accumulator on the bottom side of the assembly, you can feel some pretty gnarly vibrations.
The first replacement pump was replaced and good for about 1000 miles, and the sound came back. Again, I replaced the motor under warranty and it was good for 1000 miles and the sound came back - only now it is intermittent and it gets to a point where it makes the sound but if i shut the vehicle off for 20 seconds and restart the sound goes away and I can go about my day.
I believe it does indeed have something to do with air in the system.