GOLD PRICE IN INDIAN RUPEE — MAY 4, 2016
💱 XAU/INR · Wednesday, May 4, 2016
On Wednesday, May 4, 2016, the gold spot price was C$1,617.10 per troy ounce in Canadian Dollars, equivalent to ₹93,630.09 INR per ounce or ₹3,010.28 INR per gram. Gold fell +0.00% 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 — MAY 4, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,617.10 | C$51.99 | C$51,990.90 |
| INR | ₹93,630.09 | ₹3,010.28 | ₹3,010,272.93 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,634.38 | ₹94,630.60 |
| High | C$1,638.31 | ₹94,858.15 |
| Low | C$1,616.72 | ₹93,608.09 |
| Close | C$1,617.10 | ₹93,630.09 |