GOLD PRICE IN INDIAN RUPEE — DECEMBER 23, 2016
💱 XAU/INR · Friday, December 23, 2016
On Friday, December 23, 2016, the gold spot price was C$1,525.96 per troy ounce in Canadian Dollars, equivalent to ₹88,353.08 INR per ounce or ₹2,840.62 INR per gram. Gold rose +0.65% 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 23, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,525.96 | C$49.06 | C$49,060.68 |
| INR | ₹88,353.08 | ₹2,840.62 | ₹2,840,613.50 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,524.61 | ₹88,274.92 |
| High | C$1,527.17 | ₹88,423.14 |
| Low | C$1,523.80 | ₹88,228.02 |
| Close | C$1,525.96 | ₹88,353.08 |