New Delhi, March 13 -- Silver rate recover but remain muted on MCX on Friday as losses by surging crude oil prices amid prolonged US-Iran war were offset by a softer dollar.

In early deals, MCX silver price declined 0.7% to Rs.2,66,001 per kg while MCX gold price was down 0.3% at Rs.1,59,764 per 10 grams. However, the precious metals later pared losses.

Silver rose over 1% or Rs.3000 to its day's high of Rs.2,69,186 from intra-day low. It was 0.4% higher than its previous close. Similarly gold advanced 0.4% from its day's low to its intra-day high of Rs.1,60,401 per 10 grams, almost flat from previous close.

Meanwhile, in the international market, Spot silver rose 1.4% to $84.96 per ounce. Meanwhile, Spot gold gained 0.8% to $5,118.75 ...