HomeHistoryINRMay 4, 2023

GOLD PRICE IN INDIAN RUPEE — MAY 4, 2023

💱 XAU/INR · Thursday, May 4, 2023

₹161,645.80 INR/oz
rose +1.05%

On Thursday, May 4, 2023, the gold spot price was C$2,791.81 per troy ounce in Canadian Dollars, equivalent to ₹161,645.80 INR per ounce or ₹5,197.03 INR per gram. Gold rose +1.05% 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 4, 2023

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,791.81C$89.76C$89,758.65
INR₹161,645.80₹5,197.03₹5,197,025.59

SPOT OHLC (CAD)

MetricCADINR
OpenC$2,787.72₹161,408.99
HighC$2,824.53₹163,540.29
LowC$2,780.91₹161,014.69
CloseC$2,791.81₹161,645.80

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