GOLD PRICE IN INDIAN RUPEE — AUGUST 12, 2016
💱 XAU/INR · Friday, August 12, 2016
On Friday, August 12, 2016, the gold spot price was C$1,734.42 per troy ounce in Canadian Dollars, equivalent to ₹100,422.92 INR per ounce or ₹3,228.67 INR per gram. Gold fell -1.05% 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 — AUGUST 12, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,734.42 | C$55.76 | C$55,762.82 |
| INR | ₹100,422.92 | ₹3,228.67 | ₹3,228,667.11 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,735.71 | ₹100,497.61 |
| High | C$1,755.19 | ₹101,625.50 |
| Low | C$1,731.04 | ₹100,227.22 |
| Close | C$1,734.42 | ₹100,422.92 |