GOLD PRICE IN INDIAN RUPEE — OCTOBER 20, 2016
💱 XAU/INR · Thursday, October 20, 2016
On Thursday, October 20, 2016, the gold spot price was C$1,662.15 per troy ounce in Canadian Dollars, equivalent to ₹96,238.49 INR per ounce or ₹3,094.14 INR per gram. Gold rose +0.01% 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 — OCTOBER 20, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,662.15 | C$53.44 | C$53,439.29 |
| INR | ₹96,238.49 | ₹3,094.14 | ₹3,094,134.66 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,667.93 | ₹96,573.15 |
| High | C$1,668.59 | ₹96,611.36 |
| Low | C$1,662.02 | ₹96,230.96 |
| Close | C$1,662.15 | ₹96,238.49 |