New Delhi, Feb. 24 -- Silver price today was muted on MCX, following weakness in the white metal across global markets on Tuesday, February 24 as gains in the dollar capped gains from support stemming from uncertainty over US tariff policy and rising tensions between Washington and Tehran.

MCX silver price fell 0.3% to Rs.2,64,327 per kg while MCS gold lost 0.6% to Rs.1,60,615 per 10 gram.

In global markets, Shanghai Silver prices gained around 1% in early deals after opening after a week, however, it later declined over 3% to 589.57 yuan. The China commodity markets were closed for a week since February 16 on account of Lunar New Year 2026.

Moreover, spot silver declined 3.1% to $85.50 an ounce after touching a more than two-week high...