GOLD PRICE IN INDIAN RUPEE — OCTOBER 12, 2018
💱 XAU/INR · Friday, October 12, 2018
On Friday, October 12, 2018, the gold spot price was C$1,587.33 per troy ounce in Canadian Dollars, equivalent to ₹91,906.41 INR per ounce or ₹2,954.86 INR per gram. Gold fell -0.59% 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 12, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,587.33 | C$51.03 | C$51,033.77 |
| INR | ₹91,906.41 | ₹2,954.86 | ₹2,954,855.32 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,591.89 | ₹92,170.43 |
| High | C$1,591.89 | ₹92,170.43 |
| Low | C$1,584.59 | ₹91,747.76 |
| Close | C$1,587.33 | ₹91,906.41 |