Commodity price will be lower in the first two quarters of 2012 but they will increase over rest of the year, reported Bank of America Merrill Lynch. The most-probable scenario Europe will go in moderate downturn but the global GDP will grow by 3.5% pushing the gold prices to about $2000 on increased monetary easing. However, in the worst case the recession in the Euro Zone will deepen and the commodity price will fall over the all next year.