Stocks on the Chinese mainland fell for a fourth day on Tuesday. The retreat came on concern that government measures to cool inflation are slowing the world's second-biggest economy.
The gold price in Hong Kong closed up HK$102 at HK$14,120 per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society.
Hong Kong stocks rose 19.76 points, or 0.09 percent, to close at 22,730.78 on Tuesday.
China's stock index futures closed down Tuesday with the contract for May down 0.19 percent from the previous close to 3,023.8.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, edged up 29.77 points, or 3.54 percent, to close at 870.66 Tuesday.
Chinese stocks closed mixed Tuesday with the benchmark Shanghai Composite Index down 0.27 percent, or 7.51 points, to 2,767.06.
The Shanghai Futures Exchange (SHFE) still hopes to launch a crude oil futures contract as part of new product offerings, but the timing depends on whether China revises its oil import laws, the general manager of the exchange said on Saturday.
China's benchmark stock index fell the most in four months on Monday, erasing this year's gain.
Hong Kong stocks closed down 488. 37 points, or 2.11 percent, at 22,711.02 on Monday.
China's stock index futures closed mixed Monday with the contract for May up 0.03 percent from the previous close to 3,122.6.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, edged down 3.94 percent, or 34.53 points, to close at 840.9 Monday.
Chinese shares tumbled 2.93 percent to a 16-week low Monday with the major gauge Shanghai Composite Index down to below 2,800 points, as investors worried about future economic growth under rising inflation pressure.