GOLD PRICE IN INDIAN RUPEE — MAY 18, 2011
💱 XAU/INR · Wednesday, May 18, 2011
On Wednesday, May 18, 2011, the gold spot price was C$1,452.98 per troy ounce in Canadian Dollars, equivalent to ₹84,127.54 INR per ounce or ₹2,704.76 INR per gram. Gold rose +0.74% 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 — MAY 18, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,452.98 | C$46.71 | C$46,714.32 |
| INR | ₹84,127.54 | ₹2,704.76 | ₹2,704,759.36 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,453.75 | ₹84,172.13 |
| High | C$1,454.34 | ₹84,206.29 |
| Low | C$1,453.66 | ₹84,166.91 |
| Close | C$1,452.98 | ₹84,127.54 |