GOLD PRICE IN INDIAN RUPEE — MAY 16, 2019
💱 XAU/INR · Thursday, May 16, 2019
On Thursday, May 16, 2019, the gold spot price was C$1,727.25 per troy ounce in Canadian Dollars, equivalent to ₹100,007.78 INR per ounce or ₹3,215.32 INR per gram. Gold fell -1.01% 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 16, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,727.25 | C$55.53 | C$55,532.30 |
| INR | ₹100,007.78 | ₹3,215.32 | ₹3,215,319.97 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$1,727.51 | ₹100,022.83 |
| High | C$1,727.78 | ₹100,038.46 |
| Low | C$1,727.25 | ₹100,007.78 |
| Close | C$1,727.25 | ₹100,007.78 |