GOLD PRICE IN INDIAN RUPEE — AUGUST 5, 2016
💱 XAU/INR · Friday, August 5, 2016
On Friday, August 5, 2016, the gold spot price was C$1,739.38 per troy ounce in Canadian Dollars, equivalent to ₹100,710.10 INR per ounce or ₹3,237.90 INR per gram. Gold fell -2.06% 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 5, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,739.38 | C$55.92 | C$55,922.28 |
| INR | ₹100,710.10 | ₹3,237.90 | ₹3,237,900.28 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,766.97 | ₹102,307.56 |
| High | C$1,771.14 | ₹102,549.01 |
| Low | C$1,735.86 | ₹100,506.29 |
| Close | C$1,739.38 | ₹100,710.10 |