GOLD PRICE IN INDIAN RUPEE — AUGUST 23, 2018
💱 XAU/INR · Thursday, August 23, 2018
On Thursday, August 23, 2018, the gold spot price was C$1,544.01 per troy ounce in Canadian Dollars, equivalent to ₹89,398.18 INR per ounce or ₹2,874.22 INR per gram. Gold fell -0.98% 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 — AUGUST 23, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,544.01 | C$49.64 | C$49,641.00 |
| INR | ₹89,398.18 | ₹2,874.22 | ₹2,874,214.03 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,547.01 | ₹89,571.88 |
| High | C$1,548.31 | ₹89,647.15 |
| Low | C$1,541.28 | ₹89,240.11 |
| Close | C$1,544.01 | ₹89,398.18 |