The gold price in Hong Kong closed at 11,462 HK dollars per tael on Friday, increasing 4 HK dollars from the previous trading day, according to the Chinese Gold and Silver Exchange Society.

The price is equivalent to 1,240 U.S. dollars a troy ounce, up 0.42 U.S. dollars at the latest exchange rate of 1 U.S. dollar against 7.76 HK dollars.