GOLD PRICE IN INDIAN RUPEE — MAY 18, 2016
💱 XAU/INR · Wednesday, May 18, 2016
On Wednesday, May 18, 2016, the gold spot price was C$1,644.40 per troy ounce in Canadian Dollars, equivalent to ₹95,210.76 INR per ounce or ₹3,061.09 INR per gram. Gold fell -0.11% 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 18, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,644.40 | C$52.87 | C$52,868.61 |
| INR | ₹95,210.76 | ₹3,061.09 | ₹3,061,092.58 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,647.88 | ₹95,412.25 |
| High | C$1,647.88 | ₹95,412.25 |
| Low | C$1,622.58 | ₹93,947.38 |
| Close | C$1,644.40 | ₹95,210.76 |