New Delhi, Feb. 11 -- Silver rate today rose around 3% on MCX on Wednesday, February 11 as US Treasury bond yields declined ahead of US jobs data later today. Gold price also gained.

Silver price on MCX jumped as much as 2.7% to its day's high of Rs.2,59,418 per kg while MCX gold price advanced 1% to its day's high of Rs.1,58,436 per 10 grams.

Globally, Spot silver was up 2.2% at $82.43/oz, after falling more than 3% in the previous session. Meanwhile, Spot gold was 0.5% higher at $5,049.59 per ounce by 0242 GMT. U.S. gold futures for April delivery gained 0.9% to $5,073.40 per ounce.

U.S. Treasury yields slipped on Tuesday after a series of economic indicators pointed to signs of slowing momentum, reinforcing expectations that the Fed...