GOLD PRICE IN INDIAN RUPEE — DECEMBER 16, 2015
💱 XAU/INR · Wednesday, December 16, 2015
On Wednesday, December 16, 2015, the gold spot price was C$1,479.92 per troy ounce in Canadian Dollars, equivalent to ₹85,687.37 INR per ounce or ₹2,754.91 INR per gram. Gold rose +1.43% 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 — DECEMBER 16, 2015
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,479.92 | C$47.58 | C$47,580.46 |
| INR | ₹85,687.37 | ₹2,754.91 | ₹2,754,908.86 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,461.80 | ₹84,638.22 |
| High | C$1,480.88 | ₹85,742.95 |
| Low | C$1,461.11 | ₹84,598.27 |
| Close | C$1,479.92 | ₹85,687.37 |