[Bank of America Expects Gold Prices to Reach $6,000 in the Next 12 Months] In a report released on Tuesday, Bank of America predicted that gold prices could rise to $6,000 per ounce within the next 12 months. The report also mentioned that although the rise in silver prices might accelerate the decline in demand from solar panel manufacturers, silver prices could still exceed $100 per ounce again this year.