GOLD PRICE IN INDIAN RUPEE — MAY 3, 2012
💱 XAU/INR · Thursday, May 3, 2012
On Thursday, May 3, 2012, the gold spot price was C$1,612.30 per troy ounce in Canadian Dollars, equivalent to ₹93,352.17 INR per ounce or ₹3,001.34 INR per gram. Gold fell -1.05% 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 — MAY 3, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,612.30 | C$51.84 | C$51,836.57 |
| INR | ₹93,352.17 | ₹3,001.34 | ₹3,001,337.61 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,629.07 | ₹94,323.15 |
| High | C$1,630.06 | ₹94,380.47 |
| Low | C$1,609.44 | ₹93,186.58 |
| Close | C$1,612.30 | ₹93,352.17 |