GOLD PRICE IN INDIAN RUPEE — MAY 27, 2016
💱 XAU/INR · Friday, May 27, 2016
On Friday, May 27, 2016, the gold spot price was C$1,574.94 per troy ounce in Canadian Dollars, equivalent to ₹91,189.03 INR per ounce or ₹2,931.79 INR per gram. Gold fell -0.96% 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 27, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,574.94 | C$50.64 | C$50,635.42 |
| INR | ₹91,189.03 | ₹2,931.79 | ₹2,931,791.02 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,583.38 | ₹91,677.70 |
| High | C$1,587.14 | ₹91,895.41 |
| Low | C$1,565.34 | ₹90,633.19 |
| Close | C$1,574.94 | ₹91,189.03 |