Bank of America: Gold prices are expected to rise to $6,000 within the next 12 months.

In a report released by Bank of America on Tuesday, it is expected that the price of gold will rise to $6,000 per ounce in the next 12 months. Additionally, the bank also stated that although the current rise in silver prices may accelerate a decrease in demand for solar panel manufacturers, the price of silver could still rise above $100 per ounce this year.