GOLD PRICE IN INDIAN RUPEE — MAY 23, 2016
💱 XAU/INR · Monday, May 23, 2016
On Monday, May 23, 2016, the gold spot price was C$1,641.94 per troy ounce in Canadian Dollars, equivalent to ₹95,068.33 INR per ounce or ₹3,056.52 INR per gram. Gold rose +0.19% 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 23, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,641.94 | C$52.79 | C$52,789.52 |
| INR | ₹95,068.33 | ₹3,056.52 | ₹3,056,513.23 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,642.60 | ₹95,106.54 |
| High | C$1,642.60 | ₹95,106.54 |
| Low | C$1,637.22 | ₹94,795.04 |
| Close | C$1,641.94 | ₹95,068.33 |