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HK gold closes

easier

HONG KONG: Gold closed slightly easier at the day's low in quiet and narrow trading, dealers said.

Bullion ended at US$383.90/384.40 an ounce, down slightly from New York's US$384.40/90 close on Thursday and the local opening of US$384.30/80.

"There's a lack of trading interest and the price of gold stayed within a 50 U.S. cent range all day," a senior gold dealer said. "Sentiment is mixed with most participants waiting for direction from U.S. economic data and the COMEX September options expiry later overseas." Local gold ended HK$4 lower at HK$3,541 a tael.-Reuter