GOLD PRICE IN INDIAN RUPEE — DECEMBER 14, 2016
💱 XAU/INR · Wednesday, December 14, 2016
On Wednesday, December 14, 2016, the gold spot price was C$1,525.30 per troy ounce in Canadian Dollars, equivalent to ₹88,314.87 INR per ounce or ₹2,839.39 INR per gram. Gold rose +0.46% 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 14, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,525.30 | C$49.04 | C$49,039.46 |
| INR | ₹88,314.87 | ₹2,839.39 | ₹2,839,384.89 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,523.33 | ₹88,200.81 |
| High | C$1,528.84 | ₹88,519.84 |
| Low | C$1,499.95 | ₹86,847.11 |
| Close | C$1,525.30 | ₹88,314.87 |