A blip. This is how the rah-rah gold cognoscenti describe the latest dive in gold prices. Currently, an ounce of gold is trading in the $1,185.40 range, down from its high of $1,257.20 at the New York Mercantile Exchange on June 18. But the consensus among some money managers is that the price blip is short-term and the price of gold may rise as high as $1,500 in the coming months.