GOLD PRICE IN INDIAN RUPEE — JUNE 2, 2016
💱 XAU/INR · Thursday, June 2, 2016
On Thursday, June 2, 2016, the gold spot price was C$1,581.83 per troy ounce in Canadian Dollars, equivalent to ₹91,587.96 INR per ounce or ₹2,944.62 INR per gram. Gold fell -0.18% 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 2, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,581.83 | C$50.86 | C$50,856.94 |
| INR | ₹91,587.96 | ₹2,944.62 | ₹2,944,616.93 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,585.23 | ₹91,784.82 |
| High | C$1,591.24 | ₹92,132.80 |
| Low | C$1,581.56 | ₹91,572.32 |
| Close | C$1,581.83 | ₹91,587.96 |