Access Comprehensive Historical Prices for Hyderabad Gold 24k (HYDE-24k) with this API
Access Comprehensive Historical Prices for Hyderabad Gold 24k (HYDE-24k) with this API
In today's digital age, the demand for accurate and real-time data has transformed the way we interact with financial markets, especially in the realm of precious metals. For developers and traders alike, having access to comprehensive historical prices for Gold, specifically the 24k variant (HYDE-24k), is crucial for informed decision-making. The Metals-API provides a robust solution for accessing this data, enabling users to harness the power of technology in trading and investment strategies.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth and value. Its significance in the financial world extends beyond mere aesthetics; it serves as a hedge against inflation, a safe haven during economic uncertainty, and a critical component in various investment portfolios. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights, allowing traders to make more informed decisions based on real-time data.
With the integration of technology in trading, the innovation in price discovery has reached new heights. The Metals-API empowers developers to build next-generation applications that can analyze historical price trends, track fluctuations, and provide insights into market dynamics. This API not only facilitates the retrieval of current prices but also offers a wealth of historical data, making it an invaluable tool for anyone involved in the precious metals market.
Metals-API Overview
The Metals-API Documentation provides detailed information about the capabilities of the API, including its endpoints and features. This API is designed to deliver real-time and historical data for various metals, including Gold, Silver, Platinum, and Palladium. By leveraging this API, developers can create applications that provide users with the latest market rates, historical trends, and analytical insights.
One of the standout features of the Metals-API is its ability to deliver data in a structured JSON format, making it easy for developers to integrate into their applications. The API supports a wide range of functionalities, including:
- Latest Rates Endpoint: Provides real-time exchange rate data updated at intervals depending on the subscription plan.
- Historical Rates Endpoint: Access historical rates dating back to 2019, allowing users to analyze trends over time.
- Bid and Ask Endpoint: Retrieve real-time bid and ask prices for metals, essential for traders looking to make quick decisions.
- Convert Endpoint: Convert amounts between different metals or to/from USD, facilitating easy calculations for traders.
- Time-Series Endpoint: Query daily historical rates between two dates, providing a comprehensive view of price movements.
- Fluctuation Endpoint: Track how prices fluctuate on a day-to-day basis, helping users understand market volatility.
- Carat Endpoint: Get Gold rates by carat, which is particularly useful for jewelers and consumers.
- Lowest/Highest Price Endpoint: Query the API to find the lowest and highest prices for a specified date.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for specific time periods, essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008.
- API Key: A unique key required for accessing the API, ensuring secure and authorized usage.
- API Response: Exchange rates are delivered relative to USD, with all data returned in a structured format.
- Available Endpoints: The API offers 14 endpoints, each providing different functionalities to cater to various needs.
- Supported Symbols Endpoint: A constantly updated endpoint returning all available currencies and metals.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.
Key Features and Use Cases
The Metals-API's features are designed to cater to a wide range of use cases, from individual traders to large financial institutions. Here are some practical applications of the API's capabilities:
Real-Time Market Analysis
With the Latest Rates Endpoint, users can access real-time exchange rates for all available metals. This feature is particularly useful for traders who need to make quick decisions based on the latest market data. For example, a trader can retrieve the latest Gold price in USD and compare it against historical data to determine whether to buy or sell.
{
"success": true,
"timestamp": 1768781705,
"base": "USD",
"date": "2026-01-19",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Price Analysis
The Historical Rates Endpoint allows users to access historical exchange rates for any date since 1999. This is invaluable for analysts who want to study price trends over time. For instance, a user can query the API for Gold prices on a specific date to analyze how market conditions have changed.
{
"success": true,
"timestamp": 1768695305,
"base": "USD",
"date": "2026-01-18",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Price Fluctuation Tracking
The Fluctuation Endpoint enables users to track how prices fluctuate between two dates. This feature is particularly useful for traders looking to understand market volatility and make informed decisions based on price movements.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-12",
"end_date": "2026-01-19",
"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
}
},
"unit": "per troy ounce"
}
Conversion Capabilities
The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders who need to calculate the equivalent value of their holdings in different metals.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1768781705,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
OHLC Data for Technical Analysis
The Open/High/Low/Close (OHLC) Price Endpoint provides detailed OHLC data for specific time periods, which is essential for technical analysis. Traders can use this data to identify trends and make predictions about future price movements.
{
"success": true,
"timestamp": 1768781705,
"base": "USD",
"date": "2026-01-19",
"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
}
},
"unit": "per troy ounce"
}
Security and Best Practices
When integrating the Metals-API into applications, it is crucial to adhere to security best practices. This includes securing the API key, implementing rate limiting, and ensuring proper error handling. Developers should also consider caching strategies to optimize performance and reduce the number of API calls.
Additionally, understanding the API's response structure is vital for effective integration. Each response field provides specific information that can be leveraged for analysis and decision-making. For example, the timestamp field indicates when the data was retrieved, while the rates field contains the actual exchange rates for the requested metals.
Conclusion
The Metals-API is a powerful tool for accessing comprehensive historical prices for Gold and other precious metals. By leveraging its various endpoints, developers can create applications that provide real-time data, historical analysis, and valuable market insights. Whether you are a trader looking to make informed decisions or a developer building innovative financial applications, the Metals-API offers the capabilities you need to succeed in the dynamic world of precious metals trading.
For more information on how to get started, visit the Metals-API Documentation and explore the full range of features available. Additionally, check out the Metals-API Supported Symbols to find the specific metals you are interested in. With the right tools and data at your fingertips, you can navigate the complexities of the precious metals market with confidence.