HomeHistoryINRMay 1, 2023

GOLD PRICE IN INDIAN RUPEE — MAY 1, 2023

💱 XAU/INR · Monday, May 1, 2023

₹155,711.05 INR/oz
fell -0.63%

On Monday, May 1, 2023, the gold spot price was C$2,689.31 per troy ounce in Canadian Dollars, equivalent to ₹155,711.05 INR per ounce or ₹5,006.22 INR per gram. Gold fell -0.63% 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 1, 2023

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,689.31C$86.46C$86,463.20
INR₹155,711.05₹5,006.22₹5,006,219.22

SPOT OHLC (CAD)

MetricCADINR
OpenC$2,684.84₹155,452.24
HighC$2,718.60₹157,406.94
LowC$2,680.50₹155,200.95
CloseC$2,689.31₹155,711.05

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