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RBS Cuts Several 2012 Metal Forecasts; Raises Silver Outlook

LONDON -(Dow Jones)- Royal Bank of Scotland PLC (RBS) Friday reduced its 2012 price outlook on a range of metals, including gold, while slightly increasing its average price forecast for silver. The bank cut its gold forecast for this year by 1%, to $1,725 a troy ounce, and its palladium forecast by 9%, to $725/oz. RBS increased its silver price forecast for 2012 by 3% to $33.00/oz, and cut its 2012 outlook for aluminum, lead, zinc and nickel. -By Francesca Freeman, Dow Jones Newswires; +44 (0)20 7842 9412; francesca.freeman@dowjones.com

Stock News for Royal Bank of Scotland Grp. (RBS)
DateTimeHeadline
03/27/201504:39:22Official: UBP to buy RBS's Coutts International
03/27/201504:35:19RBS Sells Private Banking and Wealth Management Businesses
03/26/201513:32:08RBS to Soon Announce Sale of Coutts International
03/26/201506:31:02Wall Street Breakfast: Crude Surges On Yemen Tensions
03/26/201504:54:11RBS Raises $3.2 Billion in Citizens Share Sale -- Update
03/26/201502:28:29RBS sells shares in Citizens Financial; plans next sale
03/25/201519:16:18RBS Sells 135 Million Shares of Citizens Financial for $23.75...
03/24/201506:31:21Wall Street Breakfast: China Growth Worries Surface Again
03/24/201503:26:48U.S. regulators veto 'living wills' of three foreign banks
03/23/201518:36:35U.S. Regulators Fault 3 Foreign Banks Over 'Living Wills'--Update
03/23/201517:10:15U.S. Regulators Find 'Shortcomings' in Living Wills of 3 Foreign...
03/23/201517:04:21U.S. Regulators Find 'Shortcomings' in Living Wills of 3 Foreign...
03/23/201508:16:21RBS to Sell More Shares in Citizens Financial
03/23/201507:24:04RBS slashing Citizens Financial stake
03/18/201513:51:09LONDON MARKETS: FTSE 100 Jumps After U.K. Budget Plan
03/18/201512:03:56LONDON MARKETS: FTSE 100 Climbs After U.K. Budget Plan; Pound...
03/18/201506:31:53Wall Street Breakfast: Markets Await Fed Policy Decision
03/18/201504:18:28Royal Bank of Scotland to Delist Shares on Euronext Amsterdam
03/18/201502:38:19DOJ may revoke bank settlements if crimes were 'repeated'
03/17/201513:19:24LONDON MARKETS: FTSE 100 Rises; Investors Turn Sights On Budget...

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