GOLD PRICE IN INDIAN RUPEE — NOVEMBER 7, 2008
💱 XAU/INR · Friday, November 7, 2008
On Friday, November 7, 2008, the gold spot price was C$867.16 per troy ounce in Canadian Dollars, equivalent to ₹50,208.56 INR per ounce or ₹1,614.24 INR per gram. Gold fell -0.94% 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 — NOVEMBER 7, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$867.16 | C$27.88 | C$27,879.80 |
| INR | ₹50,208.56 | ₹1,614.24 | ₹1,614,240.48 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$865.15 | ₹50,092.19 |
| High | C$878.75 | ₹50,879.63 |
| Low | C$860.06 | ₹49,797.47 |
| Close | C$867.16 | ₹50,208.56 |