GOLD PRICE IN INDIAN RUPEE — AUGUST 17, 2011

On Wednesday, August 17, 2011, the gold spot price was C$1,760.39 per troy ounce in Canadian Dollars, equivalent to ₹101,926.58 INR per ounce or ₹3,277.01 INR per gram. Gold rose +0.64% 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.