New Delhi, Feb. 5 -- Silver rate today declined on Thursday, February 5, snapping two sessions of gains on profit booking amid a rising dollar and easing tensions between US and Iran. Gold prices also fell in today's trade.

Silver prices crashed 9% on MCX to day's low of Rs.2,44,654 per kg while Gold fell around 3% to Rs.1,48,455 per 10 gram. Meanwhile, COMEX silver prices tumbled over 16% to $73.415 while COMEX Gold prices shed 3.6% to $4,805.

However, in the international markets, after rising in early trade, Silver tumbled over 15% as renewed volatility gripped precious metals, with gold also sliding more than 3%. The white metal fell to $73.57 an ounce in Asian trade, while gold dropped to $4,971.55.

Spot silver had hit a record hi...