HomeHistoryINROctober 16, 2017

GOLD PRICE IN INDIAN RUPEE — OCTOBER 16, 2017

💱 XAU/INR · Monday, October 16, 2017

₹93,907.43 INR/oz
fell -0.11%

On Monday, October 16, 2017, the gold spot price was C$1,621.89 per troy ounce in Canadian Dollars, equivalent to ₹93,907.43 INR per ounce or ₹3,019.19 INR per gram. Gold fell -0.11% 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 — OCTOBER 16, 2017

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$1,621.89C$52.14C$52,144.90
INR₹93,907.43₹3,019.19₹3,019,189.64

SPOT OHLC (CAD)

MetricCADINR
OpenC$1,624.51₹94,059.13
HighC$1,626.75₹94,188.83
LowC$1,611.90₹93,329.01
CloseC$1,621.89₹93,907.43

RELATED