Goldman believes this realignment view of weak global growth is not supported by the U.S. data, which will likely reinforce higher U.S. yields, a stronger U.S. dollar and the return of divergence, particularly should strong U.S. consumer growth dissolve market fears regarding U.S. growth. This in turn will likely put downward pressure on gold prices towards their near-term target of $1,100 an ounce (current price is $1,265 an ounce ).”