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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
12/19/201418:23:18U.K. Police Arrest Man in Forex Market Manipulation Probe...
12/19/201409:33:31UK Public Finances Get Boost From Forex Fines--Update
12/16/201407:46:45Bank of England Stress Test Gives U.K. Major Banks Clean Bill...
12/16/201404:33:16Bank of England Stress Test Gives U.K. Major Banks Clean Bill...
12/16/201404:11:48LONDON MARKETS: Miners Drag FTSE 100 Lower After Gloomy China...
12/16/201403:21:05RBS Sells Irish Real-Estate Loans for $1.72 Billion
12/16/201402:53:14Bank of England Stress Test Gives U.K. Major Banks Clean Bill...
12/16/201402:50:11BOE Stress Tests Give Banks Clean Bill of Health
12/16/201402:40:05Bank of England Stress Tests Give U.K. Major Banks Clean Bill...
12/03/201423:25:42LONDON MARKETS: FTSE 100 Slips, But Airline, Housing Stocks Find...
12/01/201419:03:29Jet Lessor Avolon Launches $1.8 Billion IPO
12/01/201406:47:51Jet Lessor Avolon Holdings Launches $1.8 Billion IPO
11/28/201415:22:26Intesa Sanpaolo Chief Eyes Acquisitions
11/21/201413:03:16RBS Made Error in Stress-Test Calculation -- 2nd Update
11/21/201412:42:07RBS Made Error in Stress-Test Calculation -- Update
11/21/201412:00:13RBS Made Error in Stress-Test Calculation
11/20/201418:29:28ADR Shares End Mixed; Sanofi Shares Trade Actively
11/20/201411:20:37Bank of Cyprus Shareholders Approve New Board
11/20/201404:28:11RBS Fined for IT Failure -- Update
11/20/201403:16:28RBS Fined for IT Failure

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