HomeHistoryINRMay 23, 2011

GOLD PRICE IN INDIAN RUPEE — MAY 23, 2011

💱 XAU/INR · Monday, May 23, 2011

₹85,542.62 INR/oz
rose +1.29%

On Monday, May 23, 2011, the gold spot price was C$1,477.42 per troy ounce in Canadian Dollars, equivalent to ₹85,542.62 INR per ounce or ₹2,750.26 INR per gram. Gold rose +1.29% 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 23, 2011

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$1,477.42C$47.50C$47,500.09
INR₹85,542.62₹2,750.26₹2,750,255.05

SPOT OHLC (CAD)

MetricCADINR
OpenC$1,472.74₹85,271.65
HighC$1,474.49₹85,372.97
LowC$1,469.33₹85,074.21
CloseC$1,477.42₹85,542.62

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