GOLD PRICE IN INDIAN RUPEE — MAY 1, 2024
💱 XAU/INR · Wednesday, May 1, 2024
On Wednesday, May 1, 2024, the gold spot price was C$3,168.57 per troy ounce in Canadian Dollars, equivalent to ₹183,460.20 INR per ounce or ₹5,898.38 INR per gram. Gold rose +1.18% 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, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,168.57 | C$101.87 | C$101,871.74 |
| INR | ₹183,460.20 | ₹5,898.38 | ₹5,898,373.95 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$3,151.76 | ₹182,486.90 |
| High | C$3,206.32 | ₹185,645.93 |
| Low | C$3,146.39 | ₹182,175.98 |
| Close | C$3,168.57 | ₹183,460.20 |