GOLD PRICE IN INDIAN RUPEE — MAY 23, 2017
💱 XAU/INR · Tuesday, May 23, 2017
On Tuesday, May 23, 2017, the gold spot price was C$1,692.96 per troy ounce in Canadian Dollars, equivalent to ₹98,022.38 INR per ounce or ₹3,151.49 INR per gram. Gold fell -0.65% 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 23, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,692.96 | C$54.43 | C$54,429.85 |
| INR | ₹98,022.38 | ₹3,151.49 | ₹3,151,488.26 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,702.00 | ₹98,545.80 |
| High | C$1,702.14 | ₹98,553.91 |
| Low | C$1,687.30 | ₹97,694.67 |
| Close | C$1,692.96 | ₹98,022.38 |