GOLD PRICE IN INDIAN RUPEE — OCTOBER 8, 2004
💱 XAU/INR · Friday, October 8, 2004
On Friday, October 8, 2004, the gold spot price was C$529.26 per troy ounce in Canadian Dollars, equivalent to ₹30,644.15 INR per ounce or ₹985.23 INR per gram. Gold rose +0.55% 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 — OCTOBER 8, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$529.26 | C$17.02 | C$17,016.08 |
| INR | ₹30,644.15 | ₹985.23 | ₹985,231.00 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$523.75 | ₹30,325.13 |
| High | C$531.63 | ₹30,781.38 |
| Low | C$522.88 | ₹30,274.75 |
| Close | C$529.26 | ₹30,644.15 |