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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
08/12/201514:30:45Citizens Bank Fined for Failing to Credit Consumers for Full...
08/06/201503:58:31Royal Bank Of Scotland Prices $3.15 Billion of Bonds
08/04/201504:10:06U.K. Sells 5.4% Stake in RBS
08/04/201504:01:13U.K. Sells 5.4% Stake in RBS -- 2nd Update
08/04/201503:40:21U.K. Sells 5.4% Stake in RBS -- Update
08/04/201502:53:13UK Financial Investments Sells 5.4% of RBS
08/03/201513:32:34U.K. Treasury Begins RBS Privatization -- Update
08/03/201512:58:15U.K. Treasury Begins RBS Privatization
08/03/201509:10:03U.K. Treasury Sounds Out Investors Over RBS Privatization
08/03/201509:01:15U.K. Treasury Prepares for Royal Bank of Scotland Privatization
07/30/201509:00:16Global Markets Waver as Investors Eye Earnings
07/30/201504:40:22Global Stocks Rise on Upbeat Earnings
07/30/201504:04:32RBS Warns of Long Wait for Dividend Despite Rise in Profit...
07/30/201503:20:09RBS Posts Rise in Profit
07/30/201502:54:56RBS Posts Rise in Profit as Retrenchment Continues
07/29/201503:30:09RBS Plans $2.2 Billion Citizens Sale
07/29/201503:20:23RBS to Raise $2.2 Billion From Citizens Stake Sale
07/28/201503:00:06Zurich Insurance Considering Offer for RSA
07/23/201511:33:51Royal Bank of Scotland In Further Disposal of Loan Portfolio
07/23/201502:54:50Royal Bank of Scotland Sells Loan Portfolio for GBP400 Million

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