GOLD PRICE IN INDIAN RUPEE — MAY 5, 2016
💱 XAU/INR · Thursday, May 5, 2016
On Thursday, May 5, 2016, the gold spot price was C$1,635.27 per troy ounce in Canadian Dollars, equivalent to ₹94,682.13 INR per ounce or ₹3,044.10 INR per gram. Gold rose +1.12% 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 5, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,635.27 | C$52.58 | C$52,575.08 |
| INR | ₹94,682.13 | ₹3,044.10 | ₹3,044,096.85 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,650.07 | ₹95,539.05 |
| High | C$1,654.05 | ₹95,769.50 |
| Low | C$1,634.50 | ₹94,637.55 |
| Close | C$1,635.27 | ₹94,682.13 |