GOLD PRICE IN INDIAN RUPEE — MAY 27, 2008
💱 XAU/INR · Tuesday, May 27, 2008
On Tuesday, May 27, 2008, the gold spot price was C$901.98 per troy ounce in Canadian Dollars, equivalent to ₹52,224.64 INR per ounce or ₹1,679.06 INR per gram. Gold fell -1.37% 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, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$901.98 | C$29.00 | C$28,999.29 |
| INR | ₹52,224.64 | ₹1,679.06 | ₹1,679,058.80 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$906.25 | ₹52,471.88 |
| High | C$906.25 | ₹52,471.88 |
| Low | C$900.79 | ₹52,155.74 |
| Close | C$901.98 | ₹52,224.64 |