GOLD PRICE IN INDIAN RUPEE — MARCH 17, 2016
💱 XAU/INR · Thursday, March 17, 2016
On Thursday, March 17, 2016, the gold spot price was C$1,658.52 per troy ounce in Canadian Dollars, equivalent to ₹96,028.31 INR per ounce or ₹3,087.38 INR per gram. Gold rose +1.03% 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 17, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,658.52 | C$53.32 | C$53,322.58 |
| INR | ₹96,028.31 | ₹3,087.38 | ₹3,087,377.32 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,654.58 | ₹95,800.18 |
| High | C$1,665.86 | ₹96,453.29 |
| Low | C$1,647.24 | ₹95,375.20 |
| Close | C$1,658.52 | ₹96,028.31 |