HomeHistoryINRMay 1, 2020

GOLD PRICE IN INDIAN RUPEE — MAY 1, 2020

💱 XAU/INR · Friday, May 1, 2020

₹136,894.13 INR/oz
rose +1.18%

On Friday, May 1, 2020, the gold spot price was C$2,364.32 per troy ounce in Canadian Dollars, equivalent to ₹136,894.13 INR per ounce or ₹4,401.25 INR per gram. Gold rose +1.18% 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, 2020

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,364.32C$76.01C$76,014.54
INR₹136,894.13₹4,401.25₹4,401,242.04

SPOT OHLC (CAD)

MetricCADINR
OpenC$2,353.30₹136,256.07
HighC$2,374.09₹137,459.81
LowC$2,330.83₹134,955.06
CloseC$2,364.32₹136,894.13

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