Gold price closes lower in Hong Kong

HONG KONG, June 16 (Xinhua) -- The gold price in Hong Kong closed at 11,610 Hong Kong dollars (about 1,488.46 U.S. dollars) per tael on Friday, down 130 Hong Kong dollars from the previous trading day, according to the Chinese Gold and Silver Exchange Society. (1 U.S. dollar equals to 7.80 HK dollars)