GOLD PRICE IN INDIAN RUPEE — OCTOBER 16, 2014
💱 XAU/INR · Thursday, October 16, 2014
On Thursday, October 16, 2014, the gold spot price was C$1,397.31 per troy ounce in Canadian Dollars, equivalent to ₹80,904.25 INR per ounce or ₹2,601.13 INR per gram. Gold fell -0.74% 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 — OCTOBER 16, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,397.31 | C$44.92 | C$44,924.49 |
| INR | ₹80,904.25 | ₹2,601.13 | ₹2,601,128.24 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,399.11 | ₹81,008.47 |
| High | C$1,400.13 | ₹81,067.53 |
| Low | C$1,393.03 | ₹80,656.44 |
| Close | C$1,397.31 | ₹80,904.25 |