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Gold price closes lower in Hong Kong

(Xinhua) Updated: 2012-09-08 09:55

HONG KONG -- The gold price in Hong Kong moved down HK$110 to close at HK$15,738 per tael on Friday, according to the Chinese Gold and Silver Exchange Society.

The price is equivalent to $1,703.30 a troy ounce, down $11.91 at the latest exchange rate of one US dollar against HK$7.756.

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