When countries print out large amount of money (QE), inflation is inevitable in theory. The gold price falling today might be a scheme of stealing gold/gold miner shares from weak hands. It is hard to believe countries would like to see their gold mining companies go bankrupt.
It seems that KGC has bottomed. Since its price to book ratio is around 0.5. I believe it is good buy. When gold price gets stable, KGC will be up since it has more room on cost cutting than other gold miner companies.