GOLD PRICE IN INDIAN RUPEE — DECEMBER 12, 2008
💱 XAU/INR · Friday, December 12, 2008
On Friday, December 12, 2008, the gold spot price was C$1,019.04 per troy ounce in Canadian Dollars, equivalent to ₹59,002.42 INR per ounce or ₹1,896.97 INR per gram. Gold fell -0.05% 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 — DECEMBER 12, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,019.04 | C$32.76 | C$32,762.85 |
| INR | ₹59,002.42 | ₹1,896.97 | ₹1,896,968.98 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,022.27 | ₹59,189.43 |
| High | C$1,029.12 | ₹59,586.05 |
| Low | C$1,012.69 | ₹58,634.75 |
| Close | C$1,019.04 | ₹59,002.42 |