GOLD PRICE IN INDIAN RUPEE — AUGUST 28, 2003
💱 XAU/INR · Thursday, August 28, 2003
On Thursday, August 28, 2003, the gold spot price was C$500.18 per troy ounce in Canadian Dollars, equivalent to ₹28,960.42 INR per ounce or ₹931.10 INR per gram. Gold fell -0.80% 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.
PRICE COMPARISON — AUGUST 28, 2003
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$500.18 | C$16.08 | C$16,081.14 |
| INR | ₹28,960.42 | ₹931.10 | ₹931,097.84 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$498.15 | ₹28,842.89 |
| High | C$498.15 | ₹28,842.89 |
| Low | C$498.15 | ₹28,842.89 |
| Close | C$500.18 | ₹28,960.42 |