GOLD PRICE IN INDIAN RUPEE — SEPTEMBER 2, 2008

On Tuesday, September 2, 2008, the gold spot price was C$859.34 per troy ounce in Canadian Dollars, equivalent to ₹49,755.79 INR per ounce or ₹1,599.68 INR per gram. Gold fell -2.96% 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.