GOLD PRICE IN INDIAN RUPEE — MARCH 16, 2020
💱 XAU/INR · Monday, March 16, 2020
On Monday, March 16, 2020, the gold spot price was C$2,050.22 per troy ounce in Canadian Dollars, equivalent to ₹118,707.74 INR per ounce or ₹3,816.54 INR per gram. Gold fell -2.99% 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 — MARCH 16, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,050.22 | C$65.92 | C$65,916.01 |
| INR | ₹118,707.74 | ₹3,816.54 | ₹3,816,536.87 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,165.01 | ₹125,354.08 |
| High | C$2,165.01 | ₹125,354.08 |
| Low | C$2,003.58 | ₹116,007.28 |
| Close | C$2,050.22 | ₹118,707.74 |