New Delhi, April 9 -- Silver prices in India declined on Thursday, April 9, as investors turned cautious as markets struggled to find direction amid fresh uncertainty in the Middle East despite a ceasefire announcement. Meanwhile, a steady dollar ahead of key U.S. inflation data later in the day also kept the precious metals muted. Gold was also in the red today.

MCX Silver rate today fell 2% or over Rs.4,700 to Rs.2,35,133 per kg while MCX Gold price lost 0.7% or Rs.1,129 to Rs.2,39,918 per 10 grams.

Meanwhile, in the international markets, spot silver fell 0.4% to $73.83 per ounce, after 2 sessions of gains, whereas spot gold was little changed at $4,715.42 per ounce, while U.S. gold futures for June delivery slipped 0.8% to $4,739.20...