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 1,318.22 U.S. dollars a troy ounce, down 38.23 U.S. dollar at the latest exchange rate of 1 U.S. dollar against 7.76 HK dollars.