GOLD PRICE IN INDIAN RUPEE — MAY 7, 2014
💱 XAU/INR · Wednesday, May 7, 2014
On Wednesday, May 7, 2014, the gold spot price was C$1,403.16 per troy ounce in Canadian Dollars, equivalent to ₹81,242.96 INR per ounce or ₹2,612.02 INR per gram. Gold fell -2.13% 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 7, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,403.16 | C$45.11 | C$45,112.58 |
| INR | ₹81,242.96 | ₹2,612.02 | ₹2,612,018.16 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,426.79 | ₹82,611.14 |
| High | C$1,428.64 | ₹82,718.26 |
| Low | C$1,402.50 | ₹81,204.75 |
| Close | C$1,403.16 | ₹81,242.96 |