GOLD PRICE IN INDIAN RUPEE — MAY 16, 2014
💱 XAU/INR · Friday, May 16, 2014
On Friday, May 16, 2014, the gold spot price was C$1,406.59 per troy ounce in Canadian Dollars, equivalent to ₹81,441.56 INR per ounce or ₹2,618.41 INR per gram. Gold fell -0.12% 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, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,406.59 | C$45.22 | C$45,222.85 |
| INR | ₹81,441.56 | ₹2,618.41 | ₹2,618,403.20 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,406.59 | ₹81,441.56 |
| High | C$1,406.59 | ₹81,441.56 |
| Low | C$1,406.59 | ₹81,441.56 |
| Close | C$1,406.59 | ₹81,441.56 |