GOLD PRICE IN INDIAN RUPEE — MAY 8, 2008
💱 XAU/INR · Thursday, May 8, 2008
On Thursday, May 8, 2008, the gold spot price was C$895.13 per troy ounce in Canadian Dollars, equivalent to ₹51,828.03 INR per ounce or ₹1,666.31 INR per gram. Gold rose +2.06% 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 8, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$895.13 | C$28.78 | C$28,779.06 |
| INR | ₹51,828.03 | ₹1,666.31 | ₹1,666,307.35 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$885.37 | ₹51,262.92 |
| High | C$897.87 | ₹51,986.67 |
| Low | C$881.41 | ₹51,033.64 |
| Close | C$895.13 | ₹51,828.03 |