GOLD PRICE IN INDIAN RUPEE — MAY 3, 2023
💱 XAU/INR · Wednesday, May 3, 2023
On Wednesday, May 3, 2023, the gold spot price was C$2,762.85 per troy ounce in Canadian Dollars, equivalent to ₹159,969.01 INR per ounce or ₹5,143.12 INR per gram. Gold rose +1.21% 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 3, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,762.85 | C$88.83 | C$88,827.56 |
| INR | ₹159,969.01 | ₹5,143.12 | ₹5,143,115.81 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,747.19 | ₹159,062.30 |
| High | C$2,771.70 | ₹160,481.43 |
| Low | C$2,744.60 | ₹158,912.34 |
| Close | C$2,762.85 | ₹159,969.01 |