GOLD PRICE IN INDIAN RUPEE — JANUARY 5, 2021

On Tuesday, January 5, 2021, the gold spot price was C$2,495.75 per troy ounce in Canadian Dollars, equivalent to ₹144,503.93 INR per ounce or ₹4,645.91 INR per gram. Gold rose +0.88% 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.