XAU/INR: what to know
The XAU/INR rate shows how much INR you get for 1 XAU. Right now, 1 XAU buys 415,514.80 INR at the mid-market rate. In the other direction, 1 INR is worth 0.00000240665 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while INR responds to oil prices and capital flows.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.