From Commodity Online:

Despite speculators going on the 'boom-in-gold-price predictions', the yellow metal price has been sinking in the last two months. "If the gold price fall continues like this way, it is certain to touch down to $1,000 per ounce or below this level in the next one month," says bullion analyst Mark Robinson.

Robinson, who is not a great bull on gold, says even if gold price falls to $900 or $800 per ounce, people should not complain. "For those who have invested in gold some years back, even $900 or $800 per ounce is a great price tag. So, there is no room for complaints even if gold price falls to realistic levels," he said.

Robinson, a keen bullion watcher focusing on China, says that the Chinese government wants gold price to plunge to $800 per ounce level. "China's biggest ambition these days is…

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