GOLD PRICE IN INDIAN RUPEE — DECEMBER 5, 2022

On Monday, December 5, 2022, the gold spot price was C$2,376.09 per troy ounce in Canadian Dollars, equivalent to ₹137,575.61 INR per ounce or ₹4,423.16 INR per gram. Gold fell -1.52% 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.