GOLD PRICE IN INDIAN RUPEE — DECEMBER 12, 2016
💱 XAU/INR · Monday, December 12, 2016
On Monday, December 12, 2016, the gold spot price was C$1,527.55 per troy ounce in Canadian Dollars, equivalent to ₹88,445.14 INR per ounce or ₹2,843.58 INR per gram. Gold fell -0.15% 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 12, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,527.55 | C$49.11 | C$49,111.80 |
| INR | ₹88,445.14 | ₹2,843.58 | ₹2,843,573.32 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,520.72 | ₹88,049.69 |
| High | C$1,528.07 | ₹88,475.25 |
| Low | C$1,513.76 | ₹87,646.70 |
| Close | C$1,527.55 | ₹88,445.14 |