GOLD PRICE IN INDIAN RUPEE — MAY 27, 2004
💱 XAU/INR · Thursday, May 27, 2004
On Thursday, May 27, 2004, the gold spot price was C$535.84 per troy ounce in Canadian Dollars, equivalent to ₹31,025.14 INR per ounce or ₹997.48 INR per gram. Gold rose +0.70% 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 — MAY 27, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$535.84 | C$17.23 | C$17,227.63 |
| INR | ₹31,025.14 | ₹997.48 | ₹997,479.84 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$526.75 | ₹30,498.83 |
| High | C$537.20 | ₹31,103.88 |
| Low | C$526.61 | ₹30,490.72 |
| Close | C$535.84 | ₹31,025.14 |