GOLD PRICE IN INDIAN RUPEE — MAY 31, 2017
💱 XAU/INR · Wednesday, May 31, 2017
On Wednesday, May 31, 2017, the gold spot price was C$1,713.41 per troy ounce in Canadian Dollars, equivalent to ₹99,206.44 INR per ounce or ₹3,189.56 INR per gram. Gold rose +0.76% 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 31, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,713.41 | C$55.09 | C$55,087.33 |
| INR | ₹99,206.44 | ₹3,189.56 | ₹3,189,556.46 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,700.48 | ₹98,457.79 |
| High | C$1,715.03 | ₹99,300.24 |
| Low | C$1,695.22 | ₹98,153.24 |
| Close | C$1,713.41 | ₹99,206.44 |