US Bank Forecasts Gold Price to Reach $6,000 in 12 Months

According to a report released on Tuesday by Bank of America, the institution anticipates that the price of gold could surge to $6,000 per ounce within the next 12 months. The bank also noted, "While the current surge in silver prices may accelerate demand contraction for solar panel manufacturers, silver prices still have the potential to rally back above $100 per ounce this year."

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