Bank of America: Gold Price Expected to Reach $6,000/oz in the Next 12 Months

BlockBeats News, February 25th, in its latest report, Bank of America said it expects the price of gold to rise to $6,000 per ounce in the next 12 months. Furthermore, "Despite the potential for the current rise in silver prices to accelerate the downturn in demand for solar panels, silver is still likely to rise to over $100 per ounce again this year." (FXStreet)