HomeHistoryINROctober 16, 2023

GOLD PRICE IN INDIAN RUPEE — OCTOBER 16, 2023

💱 XAU/INR · Monday, October 16, 2023

₹151,768.06 INR/oz
fell -0.61%

On Monday, October 16, 2023, the gold spot price was C$2,621.21 per troy ounce in Canadian Dollars, equivalent to ₹151,768.06 INR per ounce or ₹4,879.45 INR per gram. Gold fell -0.61% 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, 2023

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,621.21C$84.27C$84,273.74
INR₹151,768.06₹4,879.45₹4,879,449.33

SPOT OHLC (CAD)

MetricCADINR
OpenC$2,606.61₹150,922.72
HighC$2,621.21₹151,768.06
LowC$2,606.47₹150,914.61
CloseC$2,621.21₹151,768.06

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