Silver rate today, Feb. 9 -- Silver and gold prices rallied in early trade on Monday, February 9 as investors bought on dips, helped by a softer US dollar, political developments in Japan and other supportive global cues following last week's steep selloff.

Silver led the recovery. MCX Silver rate rose 6% to Rs.2,64,885 per kg.

In the international market, Spot silver jumped 2.5%, extending gains after a sharp 10% rise in the previous session.

Meanwhile, Gold prices also moved higher. MCX Gold rate added 2% to Rs.1,58,500 per 10 grams.

Spot gold rose as much as 1.7% in early trade to move above the $5,000-per-ounce mark, before paring some gains. By 0037 GMT, spot gold was up 1.4% at $5,029.09 per ounce, building on a near 4% advance ...