GOLD PRICE IN INDIAN RUPEE — MAY 23, 2012
💱 XAU/INR · Wednesday, May 23, 2012
On Wednesday, May 23, 2012, the gold spot price was C$1,582.00 per troy ounce in Canadian Dollars, equivalent to ₹91,597.80 INR per ounce or ₹2,944.94 INR per gram. Gold fell -1.36% 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 23, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,582.00 | C$50.86 | C$50,862.41 |
| INR | ₹91,597.80 | ₹2,944.94 | ₹2,944,933.39 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,571.89 | ₹91,012.43 |
| High | C$1,582.00 | ₹91,597.80 |
| Low | C$1,568.00 | ₹90,787.20 |
| Close | C$1,582.00 | ₹91,597.80 |