GOLD PRICE IN INDIAN RUPEE — MAY 18, 2017
💱 XAU/INR · Thursday, May 18, 2017
On Thursday, May 18, 2017, the gold spot price was C$1,702.17 per troy ounce in Canadian Dollars, equivalent to ₹98,555.64 INR per ounce or ₹3,168.64 INR per gram. Gold fell -0.56% 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 18, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,702.17 | C$54.73 | C$54,725.96 |
| INR | ₹98,555.64 | ₹3,168.64 | ₹3,168,632.91 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,706.39 | ₹98,799.98 |
| High | C$1,713.46 | ₹99,209.33 |
| Low | C$1,694.15 | ₹98,091.29 |
| Close | C$1,702.17 | ₹98,555.64 |