RE:Gold was just a blip Goldman still calls for $1000 level Auhellenm......... thanks for the updated post from goldman regarding their call for gold now at 1000$ in 12 months , only about 6 months or so ago the big banks like Morgan Stanley and Goldman were predicting gold to fall below 1000$ lol ( when one predicts a price , all the others follow suit after telephoning each other in the office )
https://www.bloomberg.com/news/articles/2015-07-23/gold-sinking-to-800-under-worst-case-outlook-at-morgan-stanley
Off topic , Another comment Goldman makes regarding oil price is they now say as per your article "Goldman Sachs said negative impacts from declining oil prices are “likely behind us at this point” and that prices “don’t have much further to materially fall.” Weak oil prices have frequently been seen as a sign of a soft economy and thus weighed on stocks, in turn supporting gold."
Only about 4 months ago Goldman was predicting 20$ oil and now they saing declinging oil prices are "likely behind us at this point and that prices" don't have much further to materially fall" .
https://www.bloomberg.com/news/articles/2015-09-11/-20-oil-possible-for-goldman-as-forecasts-cut-on-growing-glut
You can check both links and read the entire article incase you forget their prior predictions.
My point here being these banks change predictions as fast as their portfolio and investment positions suits them only.