Access Chennai Gold (XAU-CHEN) price data through this API

Access Chennai Gold (XAU-CHEN) Price Data Through This API

In the ever-evolving landscape of financial technology, the demand for real-time data has never been more critical, especially in the precious metals market. The Metals-API provides a robust solution for developers looking to access accurate and timely gold price data, specifically for the symbol XAU. This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, endpoints, and the transformative potential it holds for developers and traders alike.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As digital transformation sweeps across industries, the precious metals market is no exception. The integration of data analytics and technology in trading has revolutionized how investors interact with gold and other metals. With the rise of digital asset solutions, traders can now leverage real-time data to make informed decisions, enhancing their trading strategies and market insights.

The innovation in price discovery mechanisms has also been significant. By utilizing advanced algorithms and data analytics, traders can gain insights into market trends and fluctuations. The Metals-API plays a pivotal role in this transformation, offering developers the tools necessary to build next-generation applications that can harness the power of real-time metals data.

API Description

The Metals-API is designed to provide developers with seamless access to a wealth of information regarding precious metals. This API empowers users to build applications that can analyze market trends, track price movements, and convert currencies with ease. The API's capabilities extend beyond mere data retrieval; it offers a comprehensive suite of features that can be integrated into various applications, from trading platforms to financial analysis tools.

For more information about the API, you can visit the Metals-API Website or check the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints, each designed to cater to specific needs within the precious metals market. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for precious metals. Depending on your subscription plan, this endpoint can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need to make quick decisions based on the latest market conditions.

{
"success": true,
"timestamp": 1766707672,
"base": "USD",
"date": "2025-12-26",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical exchange rates is vital for analyzing market trends over time. The Historical Rates Endpoint allows users to query rates dating back to 2019 by appending a specific date to the API request. This feature is particularly useful for back-testing trading strategies and understanding long-term price movements.

{
"success": true,
"timestamp": 1766621272,
"base": "USD",
"date": "2025-12-25",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for precious metals. This information is crucial for traders looking to execute orders at the best possible prices. Depending on your subscription plan, this endpoint can provide valuable insights into market liquidity and pricing dynamics.

{
"success": true,
"timestamp": 1766707672,
"base": "USD",
"date": "2025-12-26",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
},
"XPT": {
"bid": 0.000911,
"ask": 0.000913,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1766707672,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is essential for traders looking to analyze price trends over specific periods, enabling them to make informed decisions based on historical performance.

{
"success": true,
"timeseries": true,
"start_date": "2025-12-19",
"end_date": "2025-12-26",
"base": "USD",
"rates": {
"2025-12-19": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-21": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-26": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how currencies fluctuate on a day-to-day basis. By tracking rate changes between two dates, traders can better understand market volatility and make informed trading decisions.

{
"success": true,
"fluctuation": true,
"start_date": "2025-12-19",
"end_date": "2025-12-26",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
},
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
},
"XPT": {
"start_rate": 0.000915,
"end_rate": 0.000912,
"change": -3.0e-6,
"change_pct": -0.33
}
},
"unit": "per troy ounce"
}

Open/High/Low/Close (OHLC) Price Endpoint

The OHLC Price Endpoint allows users to query the API for the open, high, low, and close prices for a specific time period. This data is essential for traders who rely on candlestick patterns and other technical analysis methods.

{
"success": true,
"timestamp": 1766707672,
"base": "USD",
"date": "2025-12-26",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
},
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
},
"XPT": {
"open": 0.000915,
"high": 0.000918,
"low": 0.00091,
"close": 0.000912
}
},
"unit": "per troy ounce"
}

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint allows users to query the API to get the lowest and highest price for a specific metal over a defined period. This feature is particularly useful for identifying market extremes and potential reversal points.

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is invaluable for traders who need to analyze long-term trends in the metals market.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols, including but not limited to:

• XAU - Gold
• XAG - Silver
• XPT - Platinum
• XPD - Palladium

For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

Conclusion

The Metals-API stands as a powerful tool for developers and traders looking to access real-time data on precious metals, particularly gold. With its extensive range of endpoints, including the Latest Rates, Historical Rates, and Bid/Ask features, the API provides the necessary resources to build sophisticated trading applications and perform in-depth market analysis.

As the financial landscape continues to evolve, leveraging technology and data analytics will be crucial for success in the precious metals market. The Metals-API not only facilitates access to vital data but also empowers developers to innovate and create solutions that can transform trading strategies and market insights.

For more information on how to implement the Metals-API in your applications, visit the Metals-API Documentation and explore the various endpoints available. Embrace the future of trading with real-time metals data at your fingertips.