GOLD PRICE IN INDIAN RUPEE — MAY 18, 2012
💱 XAU/INR · Friday, May 18, 2012
On Friday, May 18, 2012, the gold spot price was C$1,621.36 per troy ounce in Canadian Dollars, equivalent to ₹93,876.74 INR per ounce or ₹3,018.21 INR per gram. Gold rose +1.79% 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 18, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,621.36 | C$52.13 | C$52,127.86 |
| INR | ₹93,876.74 | ₹3,018.21 | ₹3,018,203.03 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,603.13 | ₹92,821.23 |
| High | C$1,621.36 | ₹93,876.74 |
| Low | C$1,597.53 | ₹92,496.99 |
| Close | C$1,621.36 | ₹93,876.74 |