GOLD PRICE IN INDIAN RUPEE — JUNE 23, 2006

On Friday, June 23, 2006, the gold spot price was C$655.03 per troy ounce in Canadian Dollars, equivalent to ₹37,926.24 INR per ounce or ₹1,219.36 INR per gram. Gold rose +0.65% 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.