GOLD PRICE IN INDIAN RUPEE — MAY 7, 2020
💱 XAU/INR · Thursday, May 7, 2020
On Thursday, May 7, 2020, the gold spot price was C$2,438.57 per troy ounce in Canadian Dollars, equivalent to ₹141,193.20 INR per ounce or ₹4,539.46 INR per gram. Gold rose +3.11% 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, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,438.57 | C$78.40 | C$78,401.73 |
| INR | ₹141,193.20 | ₹4,539.46 | ₹4,539,460.31 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,388.15 | ₹138,273.89 |
| High | C$2,438.57 | ₹141,193.20 |
| Low | C$2,387.30 | ₹138,224.67 |
| Close | C$2,438.57 | ₹141,193.20 |