GOLD PRICE IN INDIAN RUPEE — MAY 17, 2021

On Monday, May 17, 2021, the gold spot price was C$2,261.73 per troy ounce in Canadian Dollars, equivalent to ₹130,954.17 INR per ounce or ₹4,210.27 INR per gram. Gold rose +1.13% 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.