GOLD PRICE IN INDIAN RUPEE — SEPTEMBER 12, 2016

On Monday, September 12, 2016, the gold spot price was C$1,723.64 per troy ounce in Canadian Dollars, equivalent to ₹99,798.76 INR per ounce or ₹3,208.60 INR per gram. Gold rose +0.29% 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.