HomeHistoryINRMay 7, 2018

GOLD PRICE IN INDIAN RUPEE — MAY 7, 2018

💱 XAU/INR · Monday, May 7, 2018

₹97,673.83 INR/oz
rose +0.00%

On Monday, May 7, 2018, the gold spot price was C$1,686.94 per troy ounce in Canadian Dollars, equivalent to ₹97,673.83 INR per ounce or ₹3,140.28 INR per gram. Gold rose +0.00% 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, 2018

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$1,686.94C$54.24C$54,236.30
INR₹97,673.83₹3,140.28₹3,140,281.88

SPOT OHLC (CAD)

MetricCADINR
OpenC$1,684.88₹97,554.55
HighC$1,687.32₹97,695.83
LowC$1,684.37₹97,525.02
CloseC$1,686.94₹97,673.83

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