GOLD PRICE IN INDIAN RUPEE — MAY 19, 2016
💱 XAU/INR · Thursday, May 19, 2016
On Thursday, May 19, 2016, the gold spot price was C$1,633.34 per troy ounce in Canadian Dollars, equivalent to ₹94,570.39 INR per ounce or ₹3,040.51 INR per gram. Gold fell -0.67% 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 19, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,633.34 | C$52.51 | C$52,513.02 |
| INR | ₹94,570.39 | ₹3,040.51 | ₹3,040,504.11 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,625.27 | ₹94,103.13 |
| High | C$1,635.04 | ₹94,668.82 |
| Low | C$1,624.62 | ₹94,065.50 |
| Close | C$1,633.34 | ₹94,570.39 |