GOLD PRICE IN INDIAN RUPEE — MAY 31, 2011
💱 XAU/INR · Tuesday, May 31, 2011
On Tuesday, May 31, 2011, the gold spot price was C$1,500.05 per troy ounce in Canadian Dollars, equivalent to ₹86,852.89 INR per ounce or ₹2,792.38 INR per gram. Gold fell -0.28% 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 31, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,500.05 | C$48.23 | C$48,227.66 |
| INR | ₹86,852.89 | ₹2,792.38 | ₹2,792,381.37 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,500.83 | ₹86,898.06 |
| High | C$1,505.13 | ₹87,147.03 |
| Low | C$1,496.63 | ₹86,654.88 |
| Close | C$1,500.05 | ₹86,852.89 |