Gold price closes higher in Hong Kong

The gold price in Hong Kong moved up 212 HK dollars to close at 12,660 HK dollars per tael on Friday, according to the Chinese Gold and Silver Exchange Society.

The price is equivalent to 1,369.46 U.S. dollars a troy ounce, up 22.93 U.S. dollars at the latest exchange rate of 1 U.S. dollar against 7.76 HK dollars.