GOLD PRICE IN INDIAN RUPEE — MAY 8, 2012
💱 XAU/INR · Tuesday, May 8, 2012
On Tuesday, May 8, 2012, the gold spot price was C$1,591.70 per troy ounce in Canadian Dollars, equivalent to ₹92,159.43 INR per ounce or ₹2,962.99 INR per gram. Gold fell -2.68% 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 8, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,591.70 | C$51.17 | C$51,174.27 |
| INR | ₹92,159.43 | ₹2,962.99 | ₹2,962,990.19 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,624.15 | ₹94,038.29 |
| High | C$1,624.15 | ₹94,038.29 |
| Low | C$1,583.76 | ₹91,699.70 |
| Close | C$1,591.70 | ₹92,159.43 |