Credit Suisse Lowers Forecast for Silver Prices

Reuters reported that Credit Suisse cut precious metals forecasts for 2012.

As quoted in the market news:

Credit Suisse lowered its silver price forecast to $32.80 per ounce from $33.70 for 2012, adding that the metal should perform well, benefiting from both a rising gold price and an improvement in risk appetite.

Click here to read the full Reuters report.