HomeHistoryINRDecember 16, 2011

GOLD PRICE IN INDIAN RUPEE — DECEMBER 16, 2011

💱 XAU/INR · Friday, December 16, 2011

₹95,461.47 INR/oz
rose +0.80%

On Friday, December 16, 2011, the gold spot price was C$1,648.73 per troy ounce in Canadian Dollars, equivalent to ₹95,461.47 INR per ounce or ₹3,069.16 INR per gram. Gold rose +0.80% 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, 2011

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$1,648.73C$53.01C$53,007.82
INR₹95,461.47₹3,069.16₹3,069,152.99

SPOT OHLC (CAD)

MetricCADINR
OpenC$1,640.26₹94,971.05
HighC$1,649.04₹95,479.42
LowC$1,638.81₹94,887.10
CloseC$1,648.73₹95,461.47

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