GOLD PRICE IN INDIAN RUPEE — MAY 16, 2017
💱 XAU/INR · Tuesday, May 16, 2017
On Tuesday, May 16, 2017, the gold spot price was C$1,683.10 per troy ounce in Canadian Dollars, equivalent to ₹97,451.49 INR per ounce or ₹3,133.14 INR per gram. Gold fell -0.13% 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 16, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,683.10 | C$54.11 | C$54,112.84 |
| INR | ₹97,451.49 | ₹3,133.14 | ₹3,133,133.62 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,676.83 | ₹97,088.46 |
| High | C$1,686.23 | ₹97,632.72 |
| Low | C$1,676.83 | ₹97,088.46 |
| Close | C$1,683.10 | ₹97,451.49 |