Access Kolkata Gold 24k (KOLK-24k) Historical Prices through Metals-API
Access Kolkata Gold 24k (KOLK-24k) Historical Prices through Metals-API
In the ever-evolving landscape of precious metals trading, the ability to access accurate and timely data is paramount. For those interested in the historical prices of Kolkata Gold 24k (KOLK-24k), the Metals-API offers a robust solution. This API provides developers with the tools necessary to retrieve historical price data, enabling them to make informed decisions based on comprehensive market insights. In this blog post, we will explore the capabilities of the Metals-API, focusing on how to access historical prices for gold and other precious metals, while also delving into the broader implications of digital transformation in the precious metals market.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. As a precious metal, it is not only a safe haven during economic uncertainty but also a critical component in various industries, including electronics and jewelry. The digital transformation in the precious metals market has revolutionized how traders and investors access and analyze gold prices. With the integration of data analytics and technology, market participants can now leverage real-time data to gain insights into price trends and fluctuations.
The Metals-API plays a crucial role in this transformation by providing developers with access to real-time and historical data on gold prices. By utilizing this API, developers can create applications that offer innovative solutions for price discovery, trading, and investment strategies. The API's capabilities extend beyond mere price retrieval; it empowers users to analyze market trends, track fluctuations, and make data-driven decisions.
API Description
The Metals-API is a powerful tool designed for developers looking to integrate metals pricing data into their applications. It offers a wide range of features that cater to various use cases, from simple price retrieval to complex data analysis. The API is built with innovation in mind, allowing for seamless integration and real-time data access. With its user-friendly interface and comprehensive documentation, developers can quickly implement the API into their projects.
For detailed information on how to get started, you can refer to the Metals-API Documentation. This resource provides a thorough overview of the API's capabilities, including endpoint descriptions, parameter details, and example responses.
Key Features and Endpoints
The Metals-API offers several key features that enhance its functionality and usability. Below, we will explore some of the most significant endpoints and their applications:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for various metals, including gold. Depending on your subscription plan, this endpoint can return updated rates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay informed about the latest market movements.
{
"success": true,
"timestamp": 1743300062,
"base": "USD",
"date": "2025-03-30",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
The Historical Rates Endpoint allows users to access historical exchange rates for gold and other metals dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices, which is invaluable for trend analysis and forecasting.
{
"success": true,
"timestamp": 1743213662,
"base": "USD",
"date": "2025-03-29",
"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 metals. This information is crucial for traders looking to execute buy or sell orders at optimal prices.
{
"success": true,
"timestamp": 1743300062,
"base": "USD",
"date": "2025-03-30",
"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 users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who need to assess the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1743300062,
"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 conducting detailed analyses of price movements over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-03-23",
"end_date": "2025-03-30",
"base": "USD",
"rates": {
"2025-03-23": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-03-30": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"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 identify patterns and make informed decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-23",
"end_date": "2025-03-30",
"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 users to retrieve the open, high, low, and close prices for a specific time period. This data is critical for traders looking to analyze market trends and make predictions based on historical performance.
{
"success": true,
"timestamp": 1743300062,
"base": "USD",
"date": "2025-03-30",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"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 specified date. This feature is particularly useful for traders looking to identify significant price movements.
{
"success": true,
"timestamp": 1743300062,
"base": "USD",
"date": "2025-03-30",
"rates": {
"XAU": {
"lowest": 0.000481,
"highest": 0.000487
}
},
"unit": "per troy ounce"
}Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly valuable for users interested in the historical performance of metals traded on the London Metal Exchange.
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page. This resource is essential for developers looking to integrate specific metal data into their applications.
Conclusion
Accessing historical prices for Kolkata Gold 24k (KOLK-24k) has never been easier, thanks to the innovative capabilities of the Metals-API. By leveraging this powerful tool, developers can create applications that provide real-time data, historical insights, and advanced analytics for precious metals trading. The API's extensive features, including the Latest Rates, Historical Rates, and various conversion endpoints, empower users to make informed decisions based on accurate market data.
As the precious metals market continues to evolve, the integration of technology and data analytics will play a crucial role in shaping the future of trading and investment. By utilizing the Metals-API, developers can stay ahead of the curve and deliver cutting-edge solutions that meet the demands of a dynamic market.
For more information on how to implement these features and access the full capabilities of the Metals-API, be sure to explore the Metals-API Documentation. With the right tools and insights, you can navigate the complexities of the precious metals market with confidence.