GOLD PRICE IN INDIAN RUPEE — AUGUST 31, 2023
💱 XAU/INR · Thursday, August 31, 2023
On Thursday, August 31, 2023, the gold spot price was C$2,623.41 per troy ounce in Canadian Dollars, equivalent to ₹151,895.44 INR per ounce or ₹4,883.55 INR per gram. Gold fell -0.49% 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 31, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,623.41 | C$84.34 | C$84,344.47 |
| INR | ₹151,895.44 | ₹4,883.55 | ₹4,883,544.69 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,631.80 | ₹152,381.22 |
| High | C$2,631.80 | ₹152,381.22 |
| Low | C$2,623.41 | ₹151,895.44 |
| Close | C$2,623.41 | ₹151,895.44 |