GOLD PRICE IN INDIAN RUPEE — MAY 17, 2017
💱 XAU/INR · Wednesday, May 17, 2017
On Wednesday, May 17, 2017, the gold spot price was C$1,711.75 per troy ounce in Canadian Dollars, equivalent to ₹99,110.33 INR per ounce or ₹3,186.47 INR per gram. Gold rose +1.70% 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 17, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,711.75 | C$55.03 | C$55,033.96 |
| INR | ₹99,110.33 | ₹3,186.47 | ₹3,186,466.33 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,689.29 | ₹97,809.89 |
| High | C$1,714.06 | ₹99,244.07 |
| Low | C$1,688.88 | ₹97,786.15 |
| Close | C$1,711.75 | ₹99,110.33 |