GOLD PRICE IN INDIAN RUPEE — SEPTEMBER 16, 2016
💱 XAU/INR · Friday, September 16, 2016
On Friday, September 16, 2016, the gold spot price was C$1,718.30 per troy ounce in Canadian Dollars, equivalent to ₹99,489.57 INR per ounce or ₹3,198.66 INR per gram. Gold fell -0.85% 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 — SEPTEMBER 16, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,718.30 | C$55.24 | C$55,244.55 |
| INR | ₹99,489.57 | ₹3,198.66 | ₹3,198,659.32 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,726.72 | ₹99,977.09 |
| High | C$1,727.25 | ₹100,007.78 |
| Low | C$1,718.30 | ₹99,489.57 |
| Close | C$1,718.30 | ₹99,489.57 |