GOLD PRICE IN INDIAN RUPEE — AUGUST 4, 2016
💱 XAU/INR · Thursday, August 4, 2016
On Thursday, August 4, 2016, the gold spot price was C$1,775.88 per troy ounce in Canadian Dollars, equivalent to ₹102,823.45 INR per ounce or ₹3,305.85 INR per gram. Gold fell -0.08% 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 — AUGUST 4, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,775.88 | C$57.10 | C$57,095.79 |
| INR | ₹102,823.45 | ₹3,305.85 | ₹3,305,845.96 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,770.13 | ₹102,490.53 |
| High | C$1,779.54 | ₹103,035.37 |
| Low | C$1,760.46 | ₹101,930.63 |
| Close | C$1,775.88 | ₹102,823.45 |