GOLD PRICE IN INDIAN RUPEE — MAY 8, 2020
💱 XAU/INR · Friday, May 8, 2020
On Friday, May 8, 2020, the gold spot price was C$2,388.64 per troy ounce in Canadian Dollars, equivalent to ₹138,302.26 INR per ounce or ₹4,446.52 INR per gram. Gold fell -2.05% 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 8, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,388.64 | C$76.80 | C$76,796.45 |
| INR | ₹138,302.26 | ₹4,446.52 | ₹4,446,514.34 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,411.42 | ₹139,621.22 |
| High | C$2,415.19 | ₹139,839.50 |
| Low | C$2,380.12 | ₹137,808.95 |
| Close | C$2,388.64 | ₹138,302.26 |