GOLD PRICE IN INDIAN RUPEE — MAY 16, 2011
💱 XAU/INR · Monday, May 16, 2011
On Monday, May 16, 2011, the gold spot price was C$1,444.50 per troy ounce in Canadian Dollars, equivalent to ₹83,636.55 INR per ounce or ₹2,688.98 INR per gram. Gold rose +0.43% 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 16, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,444.50 | C$46.44 | C$46,441.69 |
| INR | ₹83,636.55 | ₹2,688.98 | ₹2,688,973.63 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,443.43 | ₹83,574.60 |
| High | C$1,448.86 | ₹83,888.99 |
| Low | C$1,443.43 | ₹83,574.60 |
| Close | C$1,444.50 | ₹83,636.55 |