Gold prices declined in the spot market on Wednesday, according to HDFC Securities. In the national capital, gold price declined by Rs 92 per 10 grams, coming down to Rs 48,424 per 10 grams. In the previous session i.e. on Tuesday, the price of gold in Delhi was Rs 48,516 per 10 grams. According to HDFC Securities, silver prices in Delhi declined by Rs 414 per kg. Due to this, the spot price of silver in the city came down to Rs 70,181 per kg. The price of silver was at Rs 70,595 per kg in the previous session. Internationally, gold was trading marginally higher at $1,893 per ounce and silver was at $27.65 per ounce.