GOLD PRICE IN INDIAN RUPEE — OCTOBER 23, 2008
💱 XAU/INR · Thursday, October 23, 2008
On Thursday, October 23, 2008, the gold spot price was C$889.49 per troy ounce in Canadian Dollars, equivalent to ₹51,501.47 INR per ounce or ₹1,655.81 INR per gram. Gold fell -3.44% 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 23, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$889.49 | C$28.60 | C$28,597.73 |
| INR | ₹51,501.47 | ₹1,655.81 | ₹1,655,808.34 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$879.13 | ₹50,901.63 |
| High | C$897.59 | ₹51,970.46 |
| Low | C$879.13 | ₹50,901.63 |
| Close | C$889.49 | ₹51,501.47 |