GOLD PRICE IN INDIAN RUPEE — FEBRUARY 19, 2020

On Wednesday, February 19, 2020, the gold spot price was C$2,130.53 per troy ounce in Canadian Dollars, equivalent to ₹123,357.69 INR per ounce or ₹3,966.04 INR per gram. Gold rose +0.61% 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.