GOLD PRICE IN INDIAN RUPEE — MAY 5, 2023
💱 XAU/INR · Friday, May 5, 2023
On Friday, May 5, 2023, the gold spot price was C$2,728.13 per troy ounce in Canadian Dollars, equivalent to ₹157,958.73 INR per ounce or ₹5,078.49 INR per gram. Gold fell -2.28% 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 5, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,728.13 | C$87.71 | C$87,711.29 |
| INR | ₹157,958.73 | ₹5,078.49 | ₹5,078,483.64 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,767.35 | ₹160,229.57 |
| High | C$2,767.35 | ₹160,229.57 |
| Low | C$2,710.42 | ₹156,933.32 |
| Close | C$2,728.13 | ₹157,958.73 |