GOLD PRICE IN INDIAN RUPEE — MAY 1, 2017
💱 XAU/INR · Monday, May 1, 2017
On Monday, May 1, 2017, the gold spot price was C$1,709.75 per troy ounce in Canadian Dollars, equivalent to ₹98,994.53 INR per ounce or ₹3,182.75 INR per gram. Gold fell -0.91% 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 1, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,709.75 | C$54.97 | C$54,969.66 |
| INR | ₹98,994.53 | ₹3,182.75 | ₹3,182,743.27 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,730.76 | ₹100,211.00 |
| High | C$1,731.58 | ₹100,258.48 |
| Low | C$1,709.75 | ₹98,994.53 |
| Close | C$1,709.75 | ₹98,994.53 |