GOLD PRICE IN INDIAN RUPEE — AUGUST 28, 2008
💱 XAU/INR · Thursday, August 28, 2008
On Thursday, August 28, 2008, the gold spot price was C$873.11 per troy ounce in Canadian Dollars, equivalent to ₹50,553.07 INR per ounce or ₹1,625.32 INR per gram. Gold rose +0.73% 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 28, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$873.11 | C$28.07 | C$28,071.10 |
| INR | ₹50,553.07 | ₹1,625.32 | ₹1,625,316.56 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$870.06 | ₹50,376.47 |
| High | C$885.40 | ₹51,264.66 |
| Low | C$866.38 | ₹50,163.40 |
| Close | C$873.11 | ₹50,553.07 |