GOLD PRICE IN INDIAN RUPEE — JUNE 1, 2016
💱 XAU/INR · Wednesday, June 1, 2016
On Wednesday, June 1, 2016, the gold spot price was C$1,584.70 per troy ounce in Canadian Dollars, equivalent to ₹91,754.13 INR per ounce or ₹2,949.96 INR per gram. Gold rose +0.05% 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 — JUNE 1, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,584.70 | C$50.95 | C$50,949.21 |
| INR | ₹91,754.13 | ₹2,949.96 | ₹2,949,959.51 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,589.67 | ₹92,041.89 |
| High | C$1,595.03 | ₹92,352.24 |
| Low | C$1,576.21 | ₹91,262.56 |
| Close | C$1,584.70 | ₹91,754.13 |