GOLD PRICE IN INDIAN RUPEE — OCTOBER 18, 2012
💱 XAU/INR · Thursday, October 18, 2012
On Thursday, October 18, 2012, the gold spot price was C$1,705.30 per troy ounce in Canadian Dollars, equivalent to ₹98,736.87 INR per ounce or ₹3,174.46 INR per gram. Gold fell -1.23% 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 — OCTOBER 18, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,705.30 | C$54.83 | C$54,826.59 |
| INR | ₹98,736.87 | ₹3,174.46 | ₹3,174,459.49 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,710.97 | ₹99,065.16 |
| High | C$1,710.97 | ₹99,065.16 |
| Low | C$1,702.56 | ₹98,578.22 |
| Close | C$1,705.30 | ₹98,736.87 |