GOLD PRICE IN INDIAN RUPEE — DECEMBER 7, 2016
💱 XAU/INR · Wednesday, December 7, 2016
On Wednesday, December 7, 2016, the gold spot price was C$1,560.05 per troy ounce in Canadian Dollars, equivalent to ₹90,326.89 INR per ounce or ₹2,904.07 INR per gram. Gold rose +0.67% 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 7, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,560.05 | C$50.16 | C$50,156.70 |
| INR | ₹90,326.89 | ₹2,904.07 | ₹2,904,072.90 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,550.36 | ₹89,765.84 |
| High | C$1,564.69 | ₹90,595.55 |
| Low | C$1,548.63 | ₹89,665.68 |
| Close | C$1,560.05 | ₹90,326.89 |