GOLD PRICE IN INDIAN RUPEE — MARCH 8, 2012

On Thursday, March 8, 2012, the gold spot price was C$1,695.04 per troy ounce in Canadian Dollars, equivalent to ₹98,142.82 INR per ounce or ₹3,155.36 INR per gram. Gold rose +0.59% 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.