GOLD PRICE IN INDIAN RUPEE — MAY 15, 2001

On Tuesday, May 15, 2001, the gold spot price was C$361.94 per troy ounce in Canadian Dollars, equivalent to ₹20,956.33 INR per ounce or ₹673.76 INR per gram. Gold fell -0.07% from the previous trading session.

Currency fluctuations between CAD and INR significantly impact the effective cost of gold for international investors. India is the world's second-largest consumer of gold, with deep cultural and religious significance for gold jewelry and investment. Indian gold imports significantly influence global demand patterns. Canadian-Indian diaspora investors often track gold prices in both CAD and INR for family purchases and remittances.