GOLD PRICE IN INDIAN RUPEE — MARCH 16, 2004
💱 XAU/INR · Tuesday, March 16, 2004
On Tuesday, March 16, 2004, the gold spot price was C$536.48 per troy ounce in Canadian Dollars, equivalent to ₹31,062.19 INR per ounce or ₹998.67 INR per gram. Gold rose +0.75% 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 16, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$536.48 | C$17.25 | C$17,248.21 |
| INR | ₹31,062.19 | ₹998.67 | ₹998,671.22 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$535.95 | ₹31,031.51 |
| High | C$535.95 | ₹31,031.51 |
| Low | C$535.95 | ₹31,031.51 |
| Close | C$536.48 | ₹31,062.19 |