GOLD PRICE IN INDIAN RUPEE — MAY 17, 2018
💱 XAU/INR · Thursday, May 17, 2018
On Thursday, May 17, 2018, the gold spot price was C$1,646.58 per troy ounce in Canadian Dollars, equivalent to ₹95,336.98 INR per ounce or ₹3,065.15 INR per gram. Gold fell -0.85% 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, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,646.58 | C$52.94 | C$52,938.70 |
| INR | ₹95,336.98 | ₹3,065.15 | ₹3,065,150.71 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,650.54 | ₹95,566.27 |
| High | C$1,650.54 | ₹95,566.27 |
| Low | C$1,646.58 | ₹95,336.98 |
| Close | C$1,646.58 | ₹95,336.98 |