| New York based global financial services firm Morgan Stanley trimmed its 2012 and 2013 silver price forecasts to $31.5 an ounce and $34.9, respectively. Morgan Stanley also lowered its precious metals price forecasts for 2012 through 2014, saying the move was in line with the bank's cut in its global commodity price forecasts.
The firm trimmed its price forecasts for 2012-2014 on gold and silver by 7-16%, expecting gold at $1,677 per ounce in 2012, from $1,825 previously...............................................Full Article: Source
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