New Delhi, March 11 -- Silver rate today declined slightly on Wednesday, March 11, on the back of easing oil prices and a softer US dollar. 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 movements. Spot platinum fell 0.5% to $2,190.44 per ounce, while palladium advanced 0.8% to $1,667.73.

White metal prices fell as Oil prices dropped below $90 per barrel, cooling some inflation concerns in global markets. ...