GOLD PRICE IN INDIAN RUPEE — MAY 3, 2017
💱 XAU/INR · Wednesday, May 3, 2017
On Wednesday, May 3, 2017, the gold spot price was C$1,708.40 per troy ounce in Canadian Dollars, equivalent to ₹98,916.36 INR per ounce or ₹3,180.23 INR per gram. Gold fell -0.44% 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 — MAY 3, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,708.40 | C$54.93 | C$54,926.26 |
| INR | ₹98,916.36 | ₹3,180.23 | ₹3,180,230.22 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,720.33 | ₹99,607.11 |
| High | C$1,721.29 | ₹99,662.69 |
| Low | C$1,697.85 | ₹98,305.52 |
| Close | C$1,708.40 | ₹98,916.36 |