Silver rate today, May 29 -- Silver price in India was steady on Friday, 29 May, despite a weaker US dollar as investors evaluated reports of a possible extension of the ceasefire between the United States and Iran.

MCX Silver fell 0.5% to Rs.2,68,018 per kg, while MCX gold price was flat at Rs.1,56,316 per 10 grams.

Spot silver rose 0.7% to $76.17 per ounce in early trade. Gold prices also edged higher, with spot gold gaining 0.4% to $4,512.79 per ounce as of 0113 GMT. The yellow metal has advanced about 0.1% so far this week. Meanwhile, US gold futures climbed 0.2% to $4,543.10 per ounce.

The gains came as the US dollar remained under pressure against major global currencies. The greenback was on track to end week lower after reports...