GOLD PRICE IN INDIAN RUPEE — MAY 12, 2014
💱 XAU/INR · Monday, May 12, 2014
On Monday, May 12, 2014, the gold spot price was C$1,411.94 per troy ounce in Canadian Dollars, equivalent to ₹81,751.33 INR per ounce or ₹2,628.36 INR per gram. Gold rose +1.27% 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 12, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,411.94 | C$45.39 | C$45,394.86 |
| INR | ₹81,751.33 | ₹2,628.36 | ₹2,628,362.36 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,397.23 | ₹80,899.62 |
| High | C$1,412.27 | ₹81,770.43 |
| Low | C$1,396.25 | ₹80,842.88 |
| Close | C$1,411.94 | ₹81,751.33 |