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Bank of America: Raises next year's gold and silver price forecasts to $5,000 per ounce and $65 per ounce.
[Bank of America: Raises Gold and Silver Price Forecasts for Next Year to $5,000 per Ounce and $65 per Ounce] Bank of America: Raises gold and silver price forecasts for next year to $5,000 per ounce (average of $4,400 per ounce) and $65 per ounce (average of $56 per ounce). The extreme imbalance in the physical silver market may normalize at some point, thereby exacerbating fluctuations.