Gold price closes lower in Hong Kong

HONG KONG — The gold price in Hong Kong went down 353 HK dollars to close at 11,778 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society.

The price is equivalent to USD1,318.22 a troy ounce, down USD38.23 at the latest exchange rate of 1 US dollar against 7.76 HK dollars. PNA/