GOLD PRICE IN INDIAN RUPEE — JANUARY 8, 2008

On Tuesday, January 8, 2008, the gold spot price was C$882.21 per troy ounce in Canadian Dollars, equivalent to ₹51,079.96 INR per ounce or ₹1,642.26 INR per gram. Gold rose +2.07% 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.