GOLD PRICE IN INDIAN RUPEE — MAY 20, 2016
💱 XAU/INR · Friday, May 20, 2016
On Friday, May 20, 2016, the gold spot price was C$1,638.89 per troy ounce in Canadian Dollars, equivalent to ₹94,891.73 INR per ounce or ₹3,050.84 INR per gram. Gold rose +0.34% 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 20, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,638.89 | C$52.69 | C$52,691.46 |
| INR | ₹94,891.73 | ₹3,050.84 | ₹3,050,835.58 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,644.39 | ₹95,210.18 |
| High | C$1,644.39 | ₹95,210.18 |
| Low | C$1,638.89 | ₹94,891.73 |
| Close | C$1,638.89 | ₹94,891.73 |