GOLD PRICE IN INDIAN RUPEE — MAY 11, 2016
💱 XAU/INR · Wednesday, May 11, 2016
On Wednesday, May 11, 2016, the gold spot price was C$1,646.31 per troy ounce in Canadian Dollars, equivalent to ₹95,321.35 INR per ounce or ₹3,064.65 INR per gram. Gold rose +0.53% 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 11, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,646.31 | C$52.93 | C$52,930.02 |
| INR | ₹95,321.35 | ₹3,064.65 | ₹3,064,648.10 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,636.37 | ₹94,745.82 |
| High | C$1,652.25 | ₹95,665.28 |
| Low | C$1,636.37 | ₹94,745.82 |
| Close | C$1,646.31 | ₹95,321.35 |