GOLD PRICE IN INDIAN RUPEE — MAY 12, 2022

On Thursday, May 12, 2022, the gold spot price was C$2,369.92 per troy ounce in Canadian Dollars, equivalent to ₹137,218.37 INR per ounce or ₹4,411.67 INR per gram. Gold fell -1.83% 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.