GOLD PRICE IN INDIAN RUPEE — DECEMBER 1, 2020

On Tuesday, December 1, 2020, the gold spot price was C$2,356.88 per troy ounce in Canadian Dollars, equivalent to ₹136,463.35 INR per ounce or ₹4,387.40 INR per gram. Gold rose +2.24% 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.