GOLD PRICE IN INDIAN RUPEE — AUGUST 29, 2002

On Thursday, August 29, 2002, the gold spot price was C$422.41 per troy ounce in Canadian Dollars, equivalent to ₹24,457.54 INR per ounce or ₹786.33 INR per gram. Gold rose +1.13% 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.