GOLD PRICE IN INDIAN RUPEE — JANUARY 3, 2020

On Friday, January 3, 2020, the gold spot price was C$2,011.33 per troy ounce in Canadian Dollars, equivalent to ₹116,456.01 INR per ounce or ₹3,744.14 INR per gram. Gold rose +1.70% 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.