GOLD PRICE IN INDIAN RUPEE — MAY 14, 2012
💱 XAU/INR · Monday, May 14, 2012
On Monday, May 14, 2012, the gold spot price was C$1,560.91 per troy ounce in Canadian Dollars, equivalent to ₹90,376.69 INR per ounce or ₹2,905.68 INR per gram. Gold fell -1.72% 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 14, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,560.91 | C$50.18 | C$50,184.35 |
| INR | ₹90,376.69 | ₹2,905.68 | ₹2,905,673.82 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,563.31 | ₹90,515.65 |
| High | C$1,563.41 | ₹90,521.44 |
| Low | C$1,555.81 | ₹90,081.40 |
| Close | C$1,560.91 | ₹90,376.69 |