GOLD PRICE IN INDIAN RUPEE — MAY 16, 2024
💱 XAU/INR · Thursday, May 16, 2024
On Thursday, May 16, 2024, the gold spot price was C$3,236.09 per troy ounce in Canadian Dollars, equivalent to ₹187,369.61 INR per ounce or ₹6,024.07 INR per gram. Gold fell -0.77% 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 — MAY 16, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,236.09 | C$104.04 | C$104,042.56 |
| INR | ₹187,369.61 | ₹6,024.07 | ₹6,024,064.15 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$3,249.00 | ₹188,117.10 |
| High | C$3,252.67 | ₹188,329.59 |
| Low | C$3,236.09 | ₹187,369.61 |
| Close | C$3,236.09 | ₹187,369.61 |