GOLD PRICE IN INDIAN RUPEE — MARCH 3, 2016
💱 XAU/INR · Thursday, March 3, 2016
On Thursday, March 3, 2016, the gold spot price was C$1,688.56 per troy ounce in Canadian Dollars, equivalent to ₹97,767.62 INR per ounce or ₹3,143.30 INR per gram. Gold rose +1.33% 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 — MARCH 3, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,688.56 | C$54.29 | C$54,288.39 |
| INR | ₹97,767.62 | ₹3,143.30 | ₹3,143,297.55 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,663.05 | ₹96,290.60 |
| High | C$1,702.66 | ₹98,584.01 |
| Low | C$1,662.51 | ₹96,259.33 |
| Close | C$1,688.56 | ₹97,767.62 |