GOLD PRICE IN INDIAN RUPEE — JANUARY 16, 2024
💱 XAU/INR · Tuesday, January 16, 2024
On Tuesday, January 16, 2024, the gold spot price was C$2,722.09 per troy ounce in Canadian Dollars, equivalent to ₹157,609.01 INR per ounce or ₹5,067.24 INR per gram. Gold fell -0.60% 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 16, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,722.09 | C$87.52 | C$87,517.10 |
| INR | ₹157,609.01 | ₹5,067.24 | ₹5,067,240.03 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$2,756.62 | ₹159,608.30 |
| High | C$2,760.79 | ₹159,849.74 |
| Low | C$2,722.09 | ₹157,609.01 |
| Close | C$2,722.09 | ₹157,609.01 |