HomeHistoryINRMarch 18, 2016

GOLD PRICE IN INDIAN RUPEE — MARCH 18, 2016

💱 XAU/INR · Friday, March 18, 2016

₹94,257.15 INR/oz
fell -1.84%

On Friday, March 18, 2016, the gold spot price was C$1,627.93 per troy ounce in Canadian Dollars, equivalent to ₹94,257.15 INR per ounce or ₹3,030.44 INR per gram. Gold fell -1.84% 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 18, 2016

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$1,627.93C$52.34C$52,339.09
INR₹94,257.15₹3,030.44₹3,030,433.26

SPOT OHLC (CAD)

MetricCADINR
OpenC$1,632.22₹94,505.54
HighC$1,641.70₹95,054.43
LowC$1,624.95₹94,084.61
CloseC$1,627.93₹94,257.15

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