Wed Apr 30 07:20:00 UTC 2025: ## Gold Prices Dip Despite Bullish Analyst Predictions

**NEW YORK** – Gold prices experienced a slight decline today, with the front-month contract shedding 0.4% to settle at $3,318.80 per troy ounce. This marks the fourth decline in the past six trading sessions. However, analysts remain optimistic about the precious metal’s future, predicting significant price increases.

Goldman Sachs Commodities Research issued a note this morning reiterating its bullish outlook. Analysts cited concerns surrounding U.S. governance and a potential “flight to safety” as factors that could drive gold prices even higher than their previously projected $3,700 per ounce. The firm now suggests prices could surpass this figure.

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