New Delhi, March 19 -- Silver prices declined 1.5% on Thursday, March 19 as the US Federal Reserve kept interest rate unchanged in its March meeting and maintained a hawkish stance, dampening expectations of aggressive rate cuts in the near term. However, a softer dollar capped the decline.

On MCX, silver price frll 1.5% to Rs.2,44,342 per kg while gold price lost 0.8% to Rs.1,51,712 per 10 grams

Spot silver rose 1.5% to $76.52 per ounce, recovering after recent weakness. Gold prices also stabilised, with spot gold gaining 0.8% to $4,856.82 per ounce as of 0115 GMT, after slipping earlier in the session to their lowest level since February 6. The rebound follows a sharp 3.7% decline in the previous session, highlighting the volatility g...