GOLD PRICE IN INDIAN RUPEE — DECEMBER 8, 2016
💱 XAU/INR · Thursday, December 8, 2016
On Thursday, December 8, 2016, the gold spot price was C$1,547.18 per troy ounce in Canadian Dollars, equivalent to ₹89,581.72 INR per ounce or ₹2,880.12 INR per gram. Gold fell -0.82% 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 8, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,547.18 | C$49.74 | C$49,742.92 |
| INR | ₹89,581.72 | ₹2,880.12 | ₹2,880,115.07 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,552.47 | ₹89,888.01 |
| High | C$1,557.76 | ₹90,194.30 |
| Low | C$1,546.25 | ₹89,527.88 |
| Close | C$1,547.18 | ₹89,581.72 |