GOLD PRICE IN INDIAN RUPEE — NOVEMBER 3, 2011

On Thursday, November 3, 2011, the gold spot price was C$1,796.11 per troy ounce in Canadian Dollars, equivalent to ₹103,994.77 INR per ounce or ₹3,343.51 INR per gram. Gold rose +1.80% 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.