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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
05/24/201603:02:00Court Tosses Crisis-Era Fraud Fine -- WSJ
05/23/201619:52:00Appeals Court Throws Out $1.27 Billion Penalty Against BofA...
05/23/201615:13:00Civil Antitrust Claims Reinstated Against 16 Banks in Libor Case...
05/17/201606:18:00CMA Seeks to Boost Competition Between Retail Banks--Update
05/16/201605:36:00RBS Appoints Frank Dangeard Nonexecutive Director
05/11/201604:30:00Mediobanca Profit Drops as Volatile Markets Hit Trading Income
05/04/201606:25:00U.K. Banks Prepare for 'Brexit' Ahead of EU Poll
05/03/201620:49:00Seven Banks Agree to Settle ISDAfix Suit -Reuters
04/29/201605:21:00RBS First-Quarter Net Loss Nearly Doubles -- 2nd Update
04/29/201605:11:00Correction to RBS First-Quarter update
04/29/201603:50:00RBS First-Quarter Net Loss Nearly Doubles -- Update
04/29/201603:00:00RBS Reports Wider First-Quarter Loss
04/29/201602:55:00RBS Reports Wider First-Quarter Loss
04/28/201610:57:00RBS Says It May Miss Williams & Glyn Sale Deadline -- Update
04/28/201610:29:00RBS Says It May Miss Williams & Glyn Sale Deadline
04/28/201610:02:00RBS: Disposal of Williams & Glyn May Not Be Achieved By Dec 31...
04/21/201614:20:00Anglo American Shareholders Reject Executive Pay Plan
04/14/201618:51:00ADRs End Mixed; BP Falls
04/14/201607:49:00Royal Bank of Scotland to Cut 600 Retail Jobs
04/11/201604:41:00RBS: Debt Tenders Offers Will Not Have Material Impact

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