GOLD PRICE IN INDIAN RUPEE — MAY 8, 2017

On Monday, May 8, 2017, the gold spot price was C$1,675.14 per troy ounce in Canadian Dollars, equivalent to ₹96,990.61 INR per ounce or ₹3,118.32 INR per gram. Gold fell -0.54% 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.