GOLD PRICE IN INDIAN RUPEE — MAY 24, 2012
💱 XAU/INR · Thursday, May 24, 2012
On Thursday, May 24, 2012, the gold spot price was C$1,597.95 per troy ounce in Canadian Dollars, equivalent to ₹92,521.31 INR per ounce or ₹2,974.63 INR per gram. Gold rose +1.01% 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 24, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,597.95 | C$51.38 | C$51,375.21 |
| INR | ₹92,521.31 | ₹2,974.63 | ₹2,974,624.72 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,599.69 | ₹92,622.05 |
| High | C$1,610.36 | ₹93,239.84 |
| Low | C$1,591.99 | ₹92,176.22 |
| Close | C$1,597.95 | ₹92,521.31 |