GOLD PRICE IN INDIAN RUPEE — OCTOBER 31, 2008
💱 XAU/INR · Friday, October 31, 2008
On Friday, October 31, 2008, the gold spot price was C$863.89 per troy ounce in Canadian Dollars, equivalent to ₹50,019.23 INR per ounce or ₹1,608.15 INR per gram. Gold fell -2.70% 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 31, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$863.89 | C$27.77 | C$27,774.67 |
| INR | ₹50,019.23 | ₹1,608.15 | ₹1,608,153.29 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$881.48 | ₹51,037.69 |
| High | C$887.03 | ₹51,359.04 |
| Low | C$865.82 | ₹50,130.98 |
| Close | C$863.89 | ₹50,019.23 |