GOLD PRICE IN INDIAN RUPEE — FEBRUARY 24, 2005

On Thursday, February 24, 2005, the gold spot price was C$539.04 per troy ounce in Canadian Dollars, equivalent to ₹31,210.42 INR per ounce or ₹1,003.44 INR per gram. Gold fell -0.71% 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.