Silver rate today, March 6 -- Silver prices ticked higher on Friday, March 6 as investors adopted a cautious stance while evaluating the potential economic fallout from the escalating conflict in the Middle East. A slight decline in the US dollar also lent support to precious metals, making dollar-denominated bullion cheaper for buyers using other currencies.

Silver price on MCX jumps 2.6% or Rs.6,800 to Rs.2,68,991 per kg while gold price is up 1% or Rs.1,577 to Rs.1,61,250 per 10 gram.

In the international markets, Spot silver rose 0.1% to $82.26 per ounce. Meanwhile, Spot gold was largely unchanged at $5,076.09 per ounce as of 0116 GMT, indicating that investors were holding positions amid geopolitical uncertainty. Meanwhile, US gold...