GOLD PRICE IN INDIAN RUPEE — OCTOBER 16, 2020
💱 XAU/INR · Friday, October 16, 2020
On Friday, October 16, 2020, the gold spot price was C$2,513.83 per troy ounce in Canadian Dollars, equivalent to ₹145,550.76 INR per ounce or ₹4,679.56 INR per gram. Gold rose +0.46% 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 16, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,513.83 | C$80.82 | C$80,821.39 |
| INR | ₹145,550.76 | ₹4,679.56 | ₹4,679,558.72 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,510.79 | ₹145,374.74 |
| High | C$2,513.83 | ₹145,550.76 |
| Low | C$2,510.79 | ₹145,374.74 |
| Close | C$2,513.83 | ₹145,550.76 |