Silver rate today, April 7 -- Silver prices were muted but in the red on Tuesday, April 7, tracking broader caution in the precious metals market as investors stayed on edge ahead of a deadline set by U.S. President Donald Trump on reopening the Strait of Hormuz, a major geopolitical flashpoint in the Iran war. Moreover, a firm dollar also added to the weakness.

The white metal and the yellow metal prices remained largely steady, with traders closely watching developments in the Middle East, the trajectory of oil prices and upcoming U.S. inflation data for fresh direction.

Silver price on MCX fell as much as 0.67% to Rs.2,31,800 per kg. Meanwhile, MCX gold price was also flat at Rs.1,49,625 per 10 grams.

In the international markets, S...