GOLD PRICE IN INDIAN RUPEE — MAY 18, 2020
💱 XAU/INR · Monday, May 18, 2020
On Monday, May 18, 2020, the gold spot price was C$2,440.28 per troy ounce in Canadian Dollars, equivalent to ₹141,292.21 INR per ounce or ₹4,542.65 INR per gram. Gold fell -0.82% 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 18, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,440.28 | C$78.46 | C$78,456.71 |
| INR | ₹141,292.21 | ₹4,542.65 | ₹4,542,643.52 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,473.96 | ₹143,242.28 |
| High | C$2,494.81 | ₹144,449.50 |
| Low | C$2,440.28 | ₹141,292.21 |
| Close | C$2,440.28 | ₹141,292.21 |