GOLD PRICE IN INDIAN RUPEE — AUGUST 16, 2024
💱 XAU/INR · Friday, August 16, 2024
On Friday, August 16, 2024, the gold spot price was C$3,431.48 per troy ounce in Canadian Dollars, equivalent to ₹198,682.69 INR per ounce or ₹6,387.79 INR per gram. Gold rose +1.99% 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 — AUGUST 16, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,431.48 | C$110.32 | C$110,324.48 |
| INR | ₹198,682.69 | ₹6,387.79 | ₹6,387,787.63 |
SPOT OHLC (CAD)
| Metric | CAD | INR |
|---|---|---|
| Open | C$3,369.54 | ₹195,096.37 |
| High | C$3,444.39 | ₹199,430.18 |
| Low | C$3,366.65 | ₹194,929.04 |
| Close | C$3,431.48 | ₹198,682.69 |