Gold sinks to 2010 levels

Gold fell to its lowest price for more than five years last week, as the precious metal was buffeted by the deal to avert a Greek bankruptcy, a potential US interest rate increase and a sharp selloff in China.

Emerging Markets Hold the Keys to Higher Gold Prices

Gold investors better start paying attention to China and India. After dismal performance for the past two and half years, HSBC Securities analyst James Steel says that emerging-market demand will be the key driver for gold prices.