The gold price in Hong Kong went down 360 HK dollars to close at 11,300 HK dollars per tael on Monday, according to the Chinese Gold and Silver Exchange Society.

The price is equivalent to 1,222.35 U.S. dollars a troy ounce, down 38.94 U.S. dollars at the latest exchange rate of 1 U.S. dollar against 7.76 HK dollars.