GOLD PRICE IN INDIAN RUPEE — AUGUST 24, 2016
💱 XAU/INR · Wednesday, August 24, 2016
On Wednesday, August 24, 2016, the gold spot price was C$1,711.06 per troy ounce in Canadian Dollars, equivalent to ₹99,070.37 INR per ounce or ₹3,185.18 INR per gram. Gold fell -1.37% 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 24, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,711.06 | C$55.01 | C$55,011.78 |
| INR | ₹99,070.37 | ₹3,185.18 | ₹3,185,181.87 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,727.60 | ₹100,028.04 |
| High | C$1,727.60 | ₹100,028.04 |
| Low | C$1,709.12 | ₹98,958.05 |
| Close | C$1,711.06 | ₹99,070.37 |