Price of 99 tael gold extends gain on first trading day of Year of Horse

The price of 99 tael gold extended its rise on the first trading day in the Year of Horse to close at HK$46,685.

This represents an increase of HK$260 or 0.56 percent, compared to its previous close last Friday.

Kilo gold also gained HK$7 to HK$1259.3, according to the data from the Hong Kong Gold Exchange.