RBS reduced its 2012 price outlook on a range of metals

RBS reduced its 2012 price outlook on a range of metals, including gold, while slightly increasing its average price forecast for silver.

 

RBS 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.

 

 

For Live Indonesian and Regional market news and rumours update, add my pin:2743D6E4

 

Kedai Trader

Twitter : @KedaiTrader

Facebook Fans : Kedai Trader

Website : www.kedaitrader.com