The gold price in Hong Kong went up 70 HK dollars to close at 11,370 HK dollars per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society.

The price is equivalent to 1,231.51 U.S. dollars a troy ounce, up 7.58 U.S. dollars at the latest exchange rate of 1 U.S. dollar against 7.75 HK dollars.