GOLD PRICE IN INDIAN RUPEE — JULY 11, 2024

On Thursday, July 11, 2024, the gold spot price was C$3,288.55 per troy ounce in Canadian Dollars, equivalent to ₹190,407.05 INR per ounce or ₹6,121.72 INR per gram. Gold rose +1.71% 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.