New Delhi, Feb. 10 -- Silver rate today declined on Tuesday, February 10, slipping around 2% while gold prices fell over 1% as the U.S. dollar firmed up from a more than one-week low. The weakness came as investors turned cautious ahead of key U.S. jobs and inflation data scheduled later this week, which are expected to provide clearer signals on the future interest rate path.

MCX silver prices lost 2% to Rs.2,57,715 per kg. Gold also recovered part of its losses, with MCX gold rising 2% to Rs.1,56,001 per 10 grams.

In the global market, however, pressure persisted. Spot silver fell 2.5% to $81.31 per ounce after jumping nearly 7% in the previous session. The white metal had touched an all-time high of $121.64 per ounce on January 29. ...