GOLD PRICE IN INDIAN RUPEE — MARCH 8, 2024
💱 XAU/INR · Friday, March 8, 2024
On Friday, March 8, 2024, the gold spot price was C$2,930.65 per troy ounce in Canadian Dollars, equivalent to ₹169,684.64 INR per ounce or ₹5,455.48 INR per gram. Gold rose +0.50% 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 — MARCH 8, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,930.65 | C$94.22 | C$94,222.45 |
| INR | ₹169,684.64 | ₹5,455.48 | ₹5,455,479.79 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,915.45 | ₹168,804.56 |
| High | C$2,952.58 | ₹170,954.38 |
| Low | C$2,914.11 | ₹168,726.97 |
| Close | C$2,930.65 | ₹169,684.64 |