GOLD PRICE IN INDIAN RUPEE — DECEMBER 16, 2008
💱 XAU/INR · Tuesday, December 16, 2008
On Tuesday, December 16, 2008, the gold spot price was C$1,014.59 per troy ounce in Canadian Dollars, equivalent to ₹58,744.76 INR per ounce or ₹1,888.69 INR per gram. Gold fell -1.62% 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 — DECEMBER 16, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,014.59 | C$32.62 | C$32,619.78 |
| INR | ₹58,744.76 | ₹1,888.69 | ₹1,888,685.19 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,011.33 | ₹58,556.01 |
| High | C$1,035.44 | ₹59,951.98 |
| Low | C$1,002.41 | ₹58,039.54 |
| Close | C$1,014.59 | ₹58,744.76 |