GOLD PRICE IN INDIAN RUPEE — JANUARY 7, 2003

On Tuesday, January 7, 2003, the gold spot price was C$468.85 per troy ounce in Canadian Dollars, equivalent to ₹27,146.42 INR per ounce or ₹872.78 INR per gram. Gold fell -1.25% 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.