GOLD PRICE IN INDIAN RUPEE — MAY 6, 2016
💱 XAU/INR · Friday, May 6, 2016
On Friday, May 6, 2016, the gold spot price was C$1,661.64 per troy ounce in Canadian Dollars, equivalent to ₹96,208.96 INR per ounce or ₹3,093.19 INR per gram. Gold rose +1.61% 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 6, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,661.64 | C$53.42 | C$53,422.89 |
| INR | ₹96,208.96 | ₹3,093.19 | ₹3,093,185.28 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,643.26 | ₹95,144.75 |
| High | C$1,665.11 | ₹96,409.87 |
| Low | C$1,641.07 | ₹95,017.95 |
| Close | C$1,661.64 | ₹96,208.96 |