Access Gold UAE 18 k (XAUUAE18) - Per Gram Historical Prices with Metals-API for Your Projects
Access Gold UAE 18 k (XAUUAE18) - Per Gram Historical Prices with Metals-API for Your Projects
In today's rapidly evolving financial landscape, the demand for precise and timely data on precious metals, particularly gold, has never been greater. The Metals-API provides a robust solution for developers looking to integrate historical price data for gold (XAU) into their applications. This blog post will delve into the intricacies of accessing historical prices for gold in the UAE, specifically focusing on the 18k variant (XAUUAE18), and how to leverage the capabilities of Metals-API to enhance your projects.
Metals-API Information
About Gold (XAU)
Gold has long been regarded as a safe haven asset and a hedge against inflation. With the digital transformation sweeping across financial markets, the integration of technology in trading precious metals has become paramount. The advent of data analytics and market insights has revolutionized how investors approach gold trading. By utilizing advanced technology, traders can gain real-time insights into market trends, enabling them to make informed decisions.
Moreover, the innovation in price discovery mechanisms has allowed for more accurate pricing of gold. Digital asset solutions are now available, providing a seamless way to trade and invest in gold. The Metals-API plays a crucial role in this transformation by offering real-time and historical data that developers can use to create next-generation applications.
API Description
The Metals-API is a powerful tool that allows developers to access real-time and historical data for various metals, including gold. This API empowers developers to build applications that require precise metal pricing data, enabling them to create innovative solutions for their users. With its comprehensive documentation, you can easily integrate the API into your projects and start retrieving valuable data.
For detailed information on how to use the API, refer to the Metals-API Documentation. The API provides a wide range of endpoints that cater to different needs, from fetching the latest rates to accessing historical data dating back to 2019.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that can be utilized for different purposes. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for metals, updated every 60 minutes, every 10 minutes, or even more frequently, depending on your subscription plan. This endpoint is essential for applications that require up-to-the-minute pricing information.
{
"success": true,
"timestamp": 1745110904,
"base": "USD",
"date": "2025-04-20",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
Accessing historical rates is crucial for analyzing trends and making informed decisions. The Historical Rates Endpoint allows you to retrieve historical exchange rates for most currencies dating back to 2019. By appending a specific date to your query, you can obtain the historical price of gold for that date.
{
"success": true,
"timestamp": 1745024504,
"base": "USD",
"date": "2025-04-19",
"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 you to retrieve real-time bid and ask prices for metals. This information is vital for traders who need to know the current market spread.
{
"success": true,
"timestamp": 1745110904,
"base": "USD",
"date": "2025-04-20",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}Convert Endpoint
The Convert Endpoint allows you to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1745110904,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series Endpoint allows you to query the API for daily historical rates between two dates of your choice. This is particularly useful for analyzing trends over a specific period.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-13",
"end_date": "2025-04-20",
"base": "USD",
"rates": {
"2025-04-13": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-04-15": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-04-20": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This is essential for understanding market volatility and making informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-13",
"end_date": "2025-04-20",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint allows you to query the API to get the open, high, low, and close prices for a specific time period. This data is crucial for traders who analyze price movements.
{
"success": true,
"timestamp": 1745110904,
"base": "USD",
"date": "2025-04-20",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}Historical LME Endpoint
The Historical LME Endpoint allows you to access historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for those interested in the London Metal Exchange pricing.
{
"success": true,
"timestamp": 1745024504,
"base": "USD",
"date": "2025-04-19",
"rates": {
"XAU": 0.000485
},
"unit": "per troy ounce"
}API Key and Response
Your API Key is a unique identifier that you must include in your API requests to authenticate your access. The API delivers exchange rates relative to USD by default, ensuring consistency across your data.
For a complete list of all supported symbols, refer to the Metals-API Supported Symbols page. This resource is invaluable for developers looking to understand the full range of metals available through the API.
Conclusion
In conclusion, the Metals-API offers a comprehensive suite of tools for developers looking to access historical prices for gold and other precious metals. By leveraging the various endpoints, you can create applications that provide real-time data, historical insights, and analytical capabilities. The integration of this API into your projects not only enhances functionality but also empowers users with the information they need to make informed decisions in the precious metals market.
For further exploration, visit the Metals-API Website and dive into the extensive documentation available to help you get started. Whether you are building a trading platform, a financial analysis tool, or a simple price tracker, the Metals-API is your go-to resource for reliable and accurate metals data.