GOLD PRICE IN INDIAN RUPEE — FEBRUARY 18, 2009

On Wednesday, February 18, 2009, the gold spot price was C$1,231.71 per troy ounce in Canadian Dollars, equivalent to ₹71,316.01 INR per ounce or ₹2,292.86 INR per gram. Gold rose +0.77% 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.