GOLD PRICE IN INDIAN RUPEE — MAY 5, 2009

On Tuesday, May 5, 2009, the gold spot price was C$1,061.21 per troy ounce in Canadian Dollars, equivalent to ₹61,444.06 INR per ounce or ₹1,975.47 INR per gram. Gold rose +0.40% 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.