GOLD PRICE IN INDIAN RUPEE — DECEMBER 29, 2016
💱 XAU/INR · Thursday, December 29, 2016
On Thursday, December 29, 2016, the gold spot price was C$1,567.22 per troy ounce in Canadian Dollars, equivalent to ₹90,742.04 INR per ounce or ₹2,917.42 INR per gram. Gold rose +1.32% 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 29, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,567.22 | C$50.39 | C$50,387.22 |
| INR | ₹90,742.04 | ₹2,917.42 | ₹2,917,420.04 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,550.15 | ₹89,753.69 |
| High | C$1,570.48 | ₹90,930.79 |
| Low | C$1,549.88 | ₹89,738.05 |
| Close | C$1,567.22 | ₹90,742.04 |