Silver Price Forecast: XAG/USD steadies around $87.50 due to safe-haven demand

Silver price (XAG/USD) halts its four-day winning streak, trading around $87.50 per troy ounce during the Asian hours on Tuesday. However, the safe-haven metal may regain its ground amid global trade uncertainty and heightened geopolitical concerns.
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PBOC leaves Loan Prime Rates unchanged in February

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Tuesday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively. 
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