Access Kochi Gold (XAU-KOCH) Historical Prices using this API

Access Kochi Gold (XAU-KOCH) Historical Prices using this API
In today's rapidly evolving financial landscape, the demand for precise and real-time data on precious metals has never been greater. One of the most sought-after metals is gold, represented by the symbol XAU. Accessing historical prices for gold, especially in specific markets like Kochi, can be crucial for traders, investors, and analysts. This blog post will delve into how to obtain historical prices for Kochi Gold (XAU-KOCH) using the Metals-API, a powerful tool that provides real-time and historical data on various metals.
About Gold (XAU)
Gold has long been a symbol of wealth and stability. As a precious metal, it plays a pivotal role in the global economy, serving as a hedge against inflation and currency fluctuations. The digital transformation in the precious metals market has opened new avenues for data analytics and market insights. With the integration of technology in trading, investors can now access innovative digital asset solutions that enhance price discovery and trading efficiency.
The rise of data analytics has enabled traders to make informed decisions based on historical trends and real-time data. By leveraging advanced technologies, market participants can gain insights into price movements, volatility, and market sentiment. The Metals-API stands at the forefront of this transformation, providing developers with the tools necessary to build next-generation applications that harness the power of real-time metals data.
Metals-API Overview
The Metals-API is a robust API designed to provide comprehensive data on various metals, including gold, silver, platinum, and palladium. It empowers developers to access real-time and historical price data, enabling them to create applications that cater to the needs of traders and investors. The API's capabilities include:
- Real-time exchange rates
- Historical rates dating back to 2019
- Bid and ask prices for precise trading
- Currency conversion features
- Time-series data for trend analysis
- Fluctuation tracking to monitor price changes
- Open/High/Low/Close (OHLC) data for comprehensive market analysis
- Access to news articles related to metals
With these features, the Metals-API not only provides essential data but also enables developers to create applications that can analyze trends, forecast prices, and make informed trading decisions.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different data needs. Each endpoint serves a unique purpose, allowing users to access specific types of information. Hereβs a detailed look at some of the key features:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for various metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need up-to-the-minute pricing information to make quick decisions.
{
"success": true,
"timestamp": 1747360853,
"base": "USD",
"date": "2025-05-16",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Accessing historical rates is essential for analyzing past market performance. The Historical Rates endpoint allows users to retrieve exchange rates for any date since 1999. This feature is particularly useful for back-testing trading strategies and understanding market trends over time.
{
"success": true,
"timestamp": 1747274453,
"base": "USD",
"date": "2025-05-15",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
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 invaluable for traders looking to analyze trends over specific periods, providing insights into price movements and market behavior.
{
"success": true,
"timeseries": true,
"start_date": "2025-05-09",
"end_date": "2025-05-16",
"base": "USD",
"rates": {
"2025-05-09": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-05-11": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-05-16": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert endpoint is a powerful feature that allows users to convert any amount from one metal to another or to/from USD. This functionality is essential 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": 1747360853,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
The Fluctuation endpoint enables users to track rate fluctuations between two dates. This feature is particularly useful for understanding market volatility and making informed trading decisions based on historical price changes.
{
"success": true,
"fluctuation": true,
"start_date": "2025-05-09",
"end_date": "2025-05-16",
"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 endpoint provides detailed price data for a specific time period, including the opening, highest, lowest, and closing prices. This information is crucial for traders who rely on technical analysis to make informed decisions.
{
"success": true,
"timestamp": 1747360853,
"base": "USD",
"date": "2025-05-16",
"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"
}
Bid/Ask Endpoint
The Bid/Ask endpoint provides current bid and ask prices for metals, allowing traders to assess market conditions and make informed trading decisions. This feature is essential for those looking to enter or exit positions quickly.
{
"success": true,
"timestamp": 1747360853,
"base": "USD",
"date": "2025-05-16",
"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"
}
Practical Use Cases and Integration Strategies
Integrating the Metals-API into your applications can significantly enhance the functionality and user experience. Here are some practical use cases:
- Trading Platforms: Use the API to provide real-time pricing data, historical trends, and analytical tools for traders.
- Investment Analysis: Create applications that analyze historical data to forecast future price movements, helping investors make informed decisions.
- Market Research: Leverage the API to gather data for market reports, enabling analysts to provide insights into market trends and price fluctuations.
- Portfolio Management: Integrate the API to track the performance of precious metals in investment portfolios, allowing users to make adjustments based on real-time data.
Security Considerations
When integrating the Metals-API, it's essential to consider security best practices. Ensure that your API key is kept confidential and not exposed in client-side code. Implement rate limiting to prevent abuse and monitor usage to detect any unusual activity. Additionally, consider using HTTPS to encrypt data in transit, protecting sensitive information from potential interception.
Conclusion
Accessing historical prices for Kochi Gold (XAU-KOCH) using the Metals-API is a powerful way to enhance trading strategies and investment decisions. With its comprehensive features, including real-time data, historical rates, and advanced analytical tools, the Metals-API empowers developers to create innovative applications that meet the needs of today's traders and investors. By leveraging the capabilities of this API, you can gain valuable insights into the precious metals market, enabling you to make informed decisions based on accurate and timely data.
For more information on how to get started, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. To learn more about the API and its capabilities, check out the Metals-API Website.