GOLD PRICE IN INDIAN RUPEE — JANUARY 7, 2016
💱 XAU/INR · Thursday, January 7, 2016
On Thursday, January 7, 2016, the gold spot price was C$1,558.27 per troy ounce in Canadian Dollars, equivalent to ₹90,223.83 INR per ounce or ₹2,900.76 INR per gram. Gold rose +2.05% 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 — JANUARY 7, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,558.27 | C$50.10 | C$50,099.47 |
| INR | ₹90,223.83 | ₹2,900.76 | ₹2,900,759.39 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,535.62 | ₹88,912.40 |
| High | C$1,560.66 | ₹90,362.21 |
| Low | C$1,535.62 | ₹88,912.40 |
| Close | C$1,558.27 | ₹90,223.83 |