GOLD PRICE IN INDIAN RUPEE — MAY 11, 2012
💱 XAU/INR · Friday, May 11, 2012
On Friday, May 11, 2012, the gold spot price was C$1,588.19 per troy ounce in Canadian Dollars, equivalent to ₹91,956.20 INR per ounce or ₹2,956.46 INR per gram. Gold fell -0.62% 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 11, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,588.19 | C$51.06 | C$51,061.42 |
| INR | ₹91,956.20 | ₹2,956.46 | ₹2,956,456.23 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,590.70 | ₹92,101.53 |
| High | C$1,594.21 | ₹92,304.76 |
| Low | C$1,588.19 | ₹91,956.20 |
| Close | C$1,588.19 | ₹91,956.20 |