GOLD PRICE IN INDIAN RUPEE — OCTOBER 17, 2022

On Monday, October 17, 2022, the gold spot price was C$2,295.77 per troy ounce in Canadian Dollars, equivalent to ₹132,925.08 INR per ounce or ₹4,273.64 INR per gram. Gold rose +1.63% 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.