GOLD PRICE IN INDIAN RUPEE — JANUARY 16, 2015

On Friday, January 16, 2015, the gold spot price was C$1,526.92 per troy ounce in Canadian Dollars, equivalent to ₹88,408.67 INR per ounce or ₹2,842.40 INR per gram. Gold rose +1.06% 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.