GOLD PRICE IN INDIAN RUPEE — FEBRUARY 29, 2012
💱 XAU/INR · Wednesday, February 29, 2012
On Wednesday, February 29, 2012, the gold spot price was C$1,699.13 per troy ounce in Canadian Dollars, equivalent to ₹98,379.63 INR per ounce or ₹3,162.98 INR per gram. Gold fell -4.74% 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 — FEBRUARY 29, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,699.13 | C$54.63 | C$54,628.22 |
| INR | ₹98,379.63 | ₹3,162.98 | ₹3,162,973.87 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,778.62 | ₹102,982.10 |
| High | C$1,779.12 | ₹103,011.05 |
| Low | C$1,658.49 | ₹96,026.57 |
| Close | C$1,699.13 | ₹98,379.63 |