GOLD PRICE IN INDIAN RUPEE — MAY 12, 2016
💱 XAU/INR · Thursday, May 12, 2016
On Thursday, May 12, 2016, the gold spot price was C$1,633.61 per troy ounce in Canadian Dollars, equivalent to ₹94,586.02 INR per ounce or ₹3,041.01 INR per gram. Gold fell -0.77% 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 12, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,633.61 | C$52.52 | C$52,521.71 |
| INR | ₹94,586.02 | ₹3,041.01 | ₹3,041,006.72 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,629.36 | ₹94,339.94 |
| High | C$1,647.62 | ₹95,397.20 |
| Low | C$1,625.50 | ₹94,116.45 |
| Close | C$1,633.61 | ₹94,586.02 |