HomeHistoryINRNovember 16, 2023

GOLD PRICE IN INDIAN RUPEE — NOVEMBER 16, 2023

💱 XAU/INR · Thursday, November 16, 2023

₹157,178.24 INR/oz
rose +1.10%

On Thursday, November 16, 2023, the gold spot price was C$2,714.65 per troy ounce in Canadian Dollars, equivalent to ₹157,178.24 INR per ounce or ₹5,053.39 INR per gram. Gold rose +1.10% 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 — NOVEMBER 16, 2023

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,714.65C$87.28C$87,277.90
INR₹157,178.24₹5,053.39₹5,053,390.28

SPOT OHLC (CAD)

MetricCADINR
OpenC$2,689.20₹155,704.68
HighC$2,714.65₹157,178.24
LowC$2,688.24₹155,649.10
CloseC$2,714.65₹157,178.24

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