GOLD PRICE IN INDIAN RUPEE — AUGUST 31, 2004
💱 XAU/INR · Tuesday, August 31, 2004
On Tuesday, August 31, 2004, the gold spot price was C$538.61 per troy ounce in Canadian Dollars, equivalent to ₹31,185.52 INR per ounce or ₹1,002.64 INR per gram. Gold rose +0.26% 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 31, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$538.61 | C$17.32 | C$17,316.69 |
| INR | ₹31,185.52 | ₹1,002.64 | ₹1,002,636.27 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$538.61 | ₹31,185.52 |
| High | C$538.61 | ₹31,185.52 |
| Low | C$538.61 | ₹31,185.52 |
| Close | C$538.61 | ₹31,185.52 |