GOLD PRICE IN INDIAN RUPEE — DECEMBER 5, 2016
💱 XAU/INR · Monday, December 5, 2016
On Monday, December 5, 2016, the gold spot price was C$1,563.81 per troy ounce in Canadian Dollars, equivalent to ₹90,544.60 INR per ounce or ₹2,911.07 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 — DECEMBER 5, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,563.81 | C$50.28 | C$50,277.59 |
| INR | ₹90,544.60 | ₹2,911.07 | ₹2,911,072.24 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,574.20 | ₹91,146.18 |
| High | C$1,580.73 | ₹91,524.27 |
| Low | C$1,541.17 | ₹89,233.74 |
| Close | C$1,563.81 | ₹90,544.60 |