GOLD PRICE IN INDIAN RUPEE — AUGUST 17, 2016
💱 XAU/INR · Wednesday, August 17, 2016
On Wednesday, August 17, 2016, the gold spot price was C$1,727.16 per troy ounce in Canadian Dollars, equivalent to ₹100,002.56 INR per ounce or ₹3,215.15 INR per gram. Gold fell -1.07% 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 17, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,727.16 | C$55.53 | C$55,529.40 |
| INR | ₹100,002.56 | ₹3,215.15 | ₹3,215,152.43 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,730.76 | ₹100,211.00 |
| High | C$1,733.07 | ₹100,344.75 |
| Low | C$1,721.88 | ₹99,696.85 |
| Close | C$1,727.16 | ₹100,002.56 |