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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
07/21/201610:03:00Royal Bank of Scotland to Book GBP150 Million Gain From VocaLink...
07/21/201608:57:00Royal Bank of Scotland to Book GBP150 Million Gain From VocaLink...
07/11/201618:45:00ADRs End Higher; Financial Firms Rise
07/07/201608:05:00Foreign Money Center Banks Equities Technical Review - HSBC Holdings...
07/06/201616:28:00The Big Bank Bloodbath: Losses Near Half a Trillion Dollars
06/28/201617:10:00Moody's Puts U.K. Banking System on Negative Outlook
06/28/201615:35:00European Banks' Credit Surviving the Brexit Storm
06/28/201603:02:00Bank Stocks Lead a Global Selloff -- WSJ
06/27/201618:31:00ADRs End Lower; Financial Firms Decline
06/27/201611:36:00MARKET SNAPSHOT: U.S. Stocks Plunge For Second Day After Brexit...
06/27/201609:44:00Bank Shares Drop as Analysts Weigh 'Brexit' Impact -- 2nd Update
06/27/201608:00:00Bank Shares Drop as Analysts Weigh 'Brexit' Impact
06/27/201607:46:00Circle Property Gets GBP50 Million Loan from RBS
06/27/201607:13:00Bank Shares Drop as Analysts Weigh 'Brexit' Impact -- Update
06/27/201606:00:00Bank Shares Drop as Analysts Weigh Brexit Impact
06/24/201618:10:00Bank Shares Plummet Around the World, but Europe Fares Worst
06/24/201617:59:00Bank Shares Plummet Around the World, but Europe Fares Worst
06/24/201614:50:00European Banks Take Beating After 'Brexit' Vote -- Update
06/24/201609:09:00European Banks Take Beating After 'Brexit' Vote -- 2nd Update
06/20/201617:44:00ADRs End Higher; U.K. Financial Firms Rise

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