New Delhi, March 17 -- Silver prices jumped on Tuesday, March 17 supported by easing concerns over prolonged disruptions of crude oil shipments amid prolonged US-Iran conflict. Meanwhile, investors awaited multiple central bank policy decisions this week.

On MCX, silver rate rose 2% to Rs.2,61,457 per kg while gold price advanced 0.8% to Rs.1,56,996 per 10 grams.

In the international markets, Spot silver rose 0.6% to $81.28 per ounce, while, Spot gold firmed 0.4% to $5,023.19 per ounce as of 0251 GMT. U.S. gold futures for April delivery rose 0.5% to $5,027.20.

The gain in precious metal prices is being driven by prolonged geopolitical tensions in the Middle East and rising oil prices. However, it has been capped on the back of a stren...