New Delhi, March 25 -- Silver and gold prices in India climbed sharply on Wednesday, March 25, as investors responded to a softer US dollar, cooling crude oil prices, and rising optimism that the Middle East conflict may be nearing a negotiated end. The move marked a notable shift in market sentiment, with traders beginning to unwind some of the war-driven inflation fears that had weighed on precious metals in recent weeks.

On MCX, silver price jumped around 5.5% or over Rs.12,000 to day's high of Rs.2,36,137 per 10 grams. Meanwhile, MCX gold price advanced 4% or over Rs.5,500 to day's high of Rs.1,44,434 per 10 gram.

Moreover, in international markets as well the precious metals soared. Spot Silver gained 3.6% to $73.78 after ending th...