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Access historical DB Gold Short ETN (DGZ) prices using this API

Access historical DB Gold Short ETN (DGZ) prices using this API

Access historical DB Gold Short ETN (DGZ) prices using this API

Access Historical DB Gold Short ETN (DGZ) Prices Using This API

In the world of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. The Metals-API provides developers with the tools necessary to access historical prices for various metals, including Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD). This blog post will delve into the capabilities of the Metals-API, focusing on how it can be utilized to access historical Gold prices, and explore the broader implications of digital transformation in the precious metals market.

About Gold (XAU)

Gold has long been a symbol of wealth and stability, serving as a hedge against inflation and economic uncertainty. As the digital transformation continues to reshape financial markets, the integration of technology in trading precious metals is becoming increasingly vital. The Metals-API stands at the forefront of this transformation, offering developers a robust platform to access real-time and historical data on Gold prices.

With the rise of data analytics, traders can now leverage market insights derived from historical data to make better trading decisions. The Metals-API allows users to analyze trends, monitor price fluctuations, and gain insights into market dynamics. This capability is essential for traders looking to innovate in price discovery and develop digital asset solutions that cater to the evolving needs of investors.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data for various metals. It empowers developers to build next-generation applications that require accurate and timely metals data. The API's capabilities extend beyond simple price retrieval; it offers a suite of features that enable comprehensive data analysis and integration into trading platforms.

One of the key aspects of the Metals-API is its ability to deliver data in a user-friendly JSON format, making it easy for developers to integrate into their applications. The API supports various endpoints, each designed to cater to specific data needs, from retrieving the latest rates to accessing historical data dating back to 2019.

Key Features and Endpoints

The Metals-API offers a range of endpoints that provide different functionalities, allowing developers to tailor their applications to meet specific requirements. Here are some of the most notable features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes, every 10 minutes, or even more frequently.
  • Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API call, developers can retrieve past prices, which is essential for trend analysis and backtesting trading strategies.
  • Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for metals, providing critical information for traders looking to execute orders at optimal prices.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders operating in different markets.
  • Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, facilitating in-depth analysis of price movements over time.
  • Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders make informed decisions.
  • Carat Endpoint: This feature allows users to retrieve information about Gold rates by carat, which is particularly useful for jewelers and consumers interested in purchasing gold jewelry.
  • Lowest/Highest Price Endpoint: This endpoint enables users to query the API for the lowest and highest prices of metals over a specified period, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for a specific time period, which is essential for technical analysis and understanding market trends.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing users to analyze long-term trends in the metals market.
  • API Key: Each user is assigned a unique API key that must be included in API requests to authenticate access.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The API comes with a comprehensive list of endpoints, each designed to provide specific functionalities.
  • Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols supported by the API.
  • Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for traders in the Indian market.
  • News Endpoint: The Metals-API provides access to the latest news articles related to various metals, helping traders stay informed about market developments.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers looking to leverage its capabilities. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1746749432,
    "base": "USD",
    "date": "2025-05-09",
    "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"
}

This response indicates that the latest exchange rates for various metals are provided relative to USD, with the unit specified as per troy ounce.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1746663032,
    "base": "USD",
    "date": "2025-05-08",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint allows users to access historical exchange rates for a specific date, enabling detailed analysis of price movements over time.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-02",
    "end_date": "2025-05-09",
    "base": "USD",
    "rates": {
        "2025-05-02": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-04": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-09": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series endpoint provides a comprehensive view of price changes over a specified period, allowing traders to identify trends and make predictions.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1746749432,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This endpoint allows users to convert a specified amount from one currency to another, providing flexibility in trading operations.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-02",
    "end_date": "2025-05-09",
    "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"
}

The fluctuation endpoint provides insights into how prices have changed over a specified period, which is crucial for understanding market volatility.

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

{
    "success": true,
    "timestamp": 1746749432,
    "base": "USD",
    "date": "2025-05-09",
    "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"
}

This endpoint is essential for traders who rely on technical analysis, as it provides the open, high, low, and close prices for a specific time period.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1746749432,
    "base": "USD",
    "date": "2025-05-09",
    "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"
}

The bid/ask endpoint provides critical pricing information that traders need to execute their trades effectively.

Conclusion

The Metals-API is an invaluable resource for developers looking to access historical Gold prices and other metal data. By leveraging its comprehensive suite of endpoints, traders can gain insights into market trends, monitor price fluctuations, and make informed decisions based on real-time data. The integration of technology in precious metals trading not only enhances the trading experience but also empowers developers to create innovative applications that cater to the evolving needs of the market.

For more detailed information about the API's capabilities, visit the Metals-API Documentation or explore the Metals-API Supported Symbols page to see the full range of available metal symbols. To get started with the API, check out the Metals-API Website for additional resources and support.

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