Silver rate today, May 5 -- Silver prices held largely steady on Tuesday, as investors remained on edge after fresh tensions between the US and Iran escalated in the Middle East. Meanwhile, markets also weighed signals from the US Federal Reserve indicating a steady interest rate stance for now.

In India, MCX silver rate was steady at Rs.2,43,927 per kg while MCX gold rate was also muted, up 0.4% at Rs.1,49,950 per 10 grams.

In the international markets as well, Spot silver inched up 0.1% to $72.76 per ounce, reflecting a cautious undertone in the market. Gold, often a directional cue for silver, also edged 0.2% higher to $4,528.99 per ounce after falling more than 2% in the previous session to its lowest level since March-end. US gold ...