Hong Kong gold closes at new record high

HONG KONG, Nov 16, 2009 (AFP) - Hong Kong gold closed at a new record high on Monday at 1,131.00-1,132.00 US dollars an ounce, up from Friday's close of 1,106.00-1,107.00 US dollars.

It opened at 1,123.00 -1,124.00 dollars.

The latest closing price surpassed a high of 1,123.38 dollars per ounce reached in London Thursday, as the precious metal continues its steady advance buoyed by a mix of positive underlying fundamentals.

Source: AFP

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