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)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US manufacturing expands for nine consecutive months! ISM PMI in September slightly drops to 54.5; new orders increase but cost pressures heat up again
U.S. manufacturing continued to expand in September, although the pace of growth slightly slowed. Strong demand and a continual increase in orders continue to support the manufacturing sector.
Crypto prices
More
