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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
09/28/201607:00:00U.K. Faces Reckoning Over RBS Bailout
09/28/201606:45:00U.K. Faces Reckoning Over RBS Bailout
09/28/201604:20:00RBS Pays $1.1 Billion to Settle Lawsuits in U.S.
09/28/201603:39:00RBS Pays $1.1 Billion to Settle Mortgage-Backed Securities Lawsuits...
09/28/201603:03:00RBS Pays $1.1 Billion to Settle Lawsuits in U.S.
09/27/201613:30:00Global Container Volume on Track for Worst Year Since 2009
09/27/201604:16:00Bluefield Solar Income Fund Gets Long-Term, Short-Term Loans...
09/22/201612:06:00Securities Trust of Scotland Gets GBP25 million Loan from Royal...
09/16/201617:33:00ADRs End Lower; Banks, Oil Firms Slide
09/08/201602:41:00Royal Bank of Scotland Prices $2.65 Billion Senior Notes
09/01/201608:20:00Private-Equity Firms Plan Share Sale for Nordic Payments Processor
08/25/201603:02:00Credit Markets: Investors Renew Appetite For CoCos -- WSJ
08/24/201615:19:00Investors Renew Appetite for Europe's CoCo Bonds -- Update
08/24/201613:26:00Investors Renew Appetite for Europe's CoCo Bonds
08/11/201602:50:00Royal Bank of Scotland Prices $2.65 Billion Tier 1 Capital Notes
08/09/201606:00:00U.K. Banks Ordered to Provide Customers Better Deal
08/09/201603:16:00CMA Requires Banks to Implement Open Banking System by Early...
08/05/201607:58:00Royal Bank of Scotland Records Massive Loss -- 3rd Update
08/05/201604:50:00Mediobanca's Profit Rises; Bad Loan Provisions Fall
08/05/201604:42:00Royal Bank of Scotland Records Massive Loss -- 2nd Update

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