GOLD PRICE IN INDIAN RUPEE — JANUARY 8, 2016
💱 XAU/INR · Friday, January 8, 2016
On Friday, January 8, 2016, the gold spot price was C$1,548.12 per troy ounce in Canadian Dollars, equivalent to ₹89,636.15 INR per ounce or ₹2,881.87 INR per gram. Gold fell -0.65% 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 8, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,548.12 | C$49.77 | C$49,773.14 |
| INR | ₹89,636.15 | ₹2,881.87 | ₹2,881,864.90 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,566.87 | ₹90,721.77 |
| High | C$1,566.87 | ₹90,721.77 |
| Low | C$1,541.35 | ₹89,244.17 |
| Close | C$1,548.12 | ₹89,636.15 |