GOLD PRICE IN INDIAN RUPEE — MAY 17, 2012
💱 XAU/INR · Thursday, May 17, 2012
On Thursday, May 17, 2012, the gold spot price was C$1,592.92 per troy ounce in Canadian Dollars, equivalent to ₹92,230.07 INR per ounce or ₹2,965.26 INR per gram. Gold rose +2.98% 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 17, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,592.92 | C$51.21 | C$51,213.49 |
| INR | ₹92,230.07 | ₹2,965.26 | ₹2,965,261.25 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,565.00 | ₹90,613.50 |
| High | C$1,597.47 | ₹92,493.51 |
| Low | C$1,565.00 | ₹90,613.50 |
| Close | C$1,592.92 | ₹92,230.07 |