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Gold price closes down

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Hong Kong: The gold price in Hong Kong went down HK$40 to close at HK$10,380 per Chinese tael on Monday, according to the Chinese Gold and Silver Exchange Society.

The price is equivalent to $1,124.28 a troy ounce, down $4.33 at the latest exchange rate of $1 against HK$7.75 Xinhua news agency reported.