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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
01/26/201521:37:12Houlihan Lokey Opens Australian Office
01/26/201518:18:40Citizens Financial Earnings Rise on Loan Strength -- Update
01/26/201508:06:26Citizens Financial Earnings Rise on Strength in Loans
01/22/201512:50:14LONDON MARKETS: U.K. Stocks Post 6th Straight Win After ECB Launches...
01/22/201504:28:13Guolian Securities Plans Hong Kong IPO
01/15/201506:30:18RBS Loses Senior Compliance Staff
01/12/201508:25:20RBS to Consider Reducing Its Asia-Pacific Business
01/09/201516:45:07Royal Bank of Canada Hires J.P. Morgan to Help Sell Swiss Operation
01/06/201513:03:41Ireland Hires Banks for 7-Year Syndicated Bond Issue
01/02/201504:12:37LONDON MARKETS: FTSE 100 Slips At Start Of 2015; RBS Shares Fall
12/23/201411:55:55RBS Suspends Bonus Payments of 18 Staff
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...

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