New Delhi, Feb. 26 -- Silver rate today declined on MCX as lingering uncertainty over US tariff policy and ongoing US-Iran negotiations eased. Iran and the US were scheduled to hold another round of talks in Geneva today, aimed at resolving their long-running nuclear dispute and preventing fresh US strikes on Iran following a significant military buildup in the region.

On Thursday, February 26, MCX silver rate fell 2% to Rs.2,62,892.00 while MCx Gold lost 0.4% to Rs.1,60,516 per 10 grams.

In international markets as well, Spot silver shed 0.6% to $88.84 an ounce after rising to a three-week high in the previous session.

Meanwhile, Gold prices pushed closer to the $5,200 level, extending gains after climbing nearly 6% over the past six ...