Gold price declined on Wednesday by `614 to `50,750 per 10 grams in the national capital amid lower price for the yellow metal in the international market, according to HDFC Securities. In the previous trade, it had closed at `51,364 per 10 grams. Silver also tanked by `1,898 to `59,720 per kilogram from its previous close of`61,618 per kilogram. “Spot gold prices for 24 carat in Delhi extended decline by Rs 614...,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said.