GOLD PRICE IN INDIAN RUPEE — DECEMBER 20, 2016
💱 XAU/INR · Tuesday, December 20, 2016
On Tuesday, December 20, 2016, the gold spot price was C$1,516.62 per troy ounce in Canadian Dollars, equivalent to ₹87,812.30 INR per ounce or ₹2,823.23 INR per gram. Gold fell -0.31% 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 20, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,516.62 | C$48.76 | C$48,760.39 |
| INR | ₹87,812.30 | ₹2,823.23 | ₹2,823,226.85 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,519.30 | ₹87,967.47 |
| High | C$1,519.30 | ₹87,967.47 |
| Low | C$1,509.92 | ₹87,424.37 |
| Close | C$1,516.62 | ₹87,812.30 |