GOLD PRICE IN INDIAN RUPEE — MAY 26, 2016
💱 XAU/INR · Thursday, May 26, 2016
On Thursday, May 26, 2016, the gold spot price was C$1,590.28 per troy ounce in Canadian Dollars, equivalent to ₹92,077.21 INR per ounce or ₹2,960.35 INR per gram. Gold fell -0.97% 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 26, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,590.28 | C$51.13 | C$51,128.62 |
| INR | ₹92,077.21 | ₹2,960.35 | ₹2,960,346.82 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,606.57 | ₹93,020.40 |
| High | C$1,606.57 | ₹93,020.40 |
| Low | C$1,590.28 | ₹92,077.21 |
| Close | C$1,590.28 | ₹92,077.21 |