GOLD PRICE IN INDIAN RUPEE — OCTOBER 31, 2016
💱 XAU/INR · Monday, October 31, 2016
On Monday, October 31, 2016, the gold spot price was C$1,704.06 per troy ounce in Canadian Dollars, equivalent to ₹98,665.07 INR per ounce or ₹3,172.15 INR per gram. Gold fell -0.20% 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 31, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,704.06 | C$54.79 | C$54,786.72 |
| INR | ₹98,665.07 | ₹3,172.15 | ₹3,172,151.19 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,710.90 | ₹99,061.11 |
| High | C$1,710.90 | ₹99,061.11 |
| Low | C$1,704.06 | ₹98,665.07 |
| Close | C$1,704.06 | ₹98,665.07 |