Gold price closes lower in Hong Kong

HONG KONG, March 28 (Xinhua) -- The gold price in Hong Kong closed at 12,562 Hong Kong dollars(about 1,600.89 U.S. dollars) per tael on Wednesday, down 110 Hong Kong dollars from the previous trading day, according to the Chinese Gold and Silver Exchange Society. (1 U.S. dollar equals to 7.85 HK dollars)