GOLD PRICE IN INDIAN RUPEE — JULY 2, 2008

On Wednesday, July 2, 2008, the gold spot price was C$956.33 per troy ounce in Canadian Dollars, equivalent to ₹55,371.51 INR per ounce or ₹1,780.23 INR per gram. Gold fell -0.45% 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.