The gold price in Hong Kong went down 102 HK dollars to close at 12,028 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,301.10 U.S. dollars a troy ounce, down 11.03 U.S. dollars at the latest exchange rate of 1 U.S. dollar against 7.76 HK dollars.