GOLD PRICE IN INDIAN RUPEE — JANUARY 8, 2024
💱 XAU/INR · Monday, January 8, 2024
On Monday, January 8, 2024, the gold spot price was C$2,707.50 per troy ounce in Canadian Dollars, equivalent to ₹156,764.25 INR per ounce or ₹5,040.08 INR per gram. Gold fell -0.74% 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 — JANUARY 8, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,707.50 | C$87.05 | C$87,048.02 |
| INR | ₹156,764.25 | ₹5,040.08 | ₹5,040,080.37 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,697.48 | ₹156,184.09 |
| High | C$2,716.98 | ₹157,313.14 |
| Low | C$2,697.48 | ₹156,184.09 |
| Close | C$2,707.50 | ₹156,764.25 |