New Delhi, March 11 -- Silver rate today declined slightly on Wednesday, March 11, as investors remained cautious amid the ongoing US-Israel-Iran war and shifted toward safe-haven assets. Sentiment in the precious metals market was also influenced by easing oil prices and a softer US dollar, which supported gold even as silver witnessed marginal pressure. Gold also declined.
On MCX, silver price fell 0.70% to its day's low of Rs.2,75,901 per kg while MCX gold price was down 0.30% to Rs.1,62,800 per 10 grams.
Spot silver edged 0.1% lower to $88.35 per ounce, while spot gold rose 0.3% to $5,208.08 per ounce as of 02:43 GMT. Meanwhile, US gold futures for April delivery slipped 0.5% to $5,216.80.
Other precious metals also saw mixed movem...
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