Access Ludhiana Gold 22k (LUDH-22k) price data through this API

Access Ludhiana Gold 22k (LUDH-22k) Price Data Through This API

In the rapidly evolving world of precious metals trading, having access to real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools necessary to access comprehensive price data 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 specifically on how to access Ludhiana Gold 22k (LUDH-22k) price data, its markets, and the innovative technology behind this API.

Metals-API Information

About Gold (XAU)

Gold has long been considered a safe haven asset, and its value is influenced by various factors including market demand, geopolitical stability, and economic indicators. As digital transformation reshapes the financial landscape, the integration of technology in trading precious metals has become increasingly important. The Metals-API stands at the forefront of this transformation, offering developers access to real-time data analytics and market insights that can drive innovation in price discovery.

With the rise of digital asset solutions, the ability to track gold prices in real-time allows traders to make quick decisions based on the latest market trends. The Metals-API not only provides current prices but also historical data, enabling developers to build applications that analyze trends over time. This integration of technology into trading practices is essential for staying competitive in the fast-paced world of precious metals.

API Description

The Metals-API Website offers a robust set of features designed to empower developers to create next-generation applications. By providing real-time metals data, the API enables users to access critical information that can influence trading strategies. The API is built with innovation in mind, allowing for seamless integration into various applications, from trading platforms to financial analysis tools.

Developers can access a wide range of endpoints that cater to different needs, including the latest rates, historical data, and conversion capabilities. The API's architecture is designed to handle high volumes of requests, ensuring that users receive timely and accurate information. This capability is particularly important in the context of precious metals, where prices can fluctuate rapidly.

Key Features and Endpoints

The Metals-API offers several key features that enhance its usability for developers:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to react quickly to market changes.
• Historical Rates Endpoint: Access historical rates dating back to 2019 for most currencies. By appending a specific date to your query, you can retrieve past prices, allowing for comprehensive market analysis.
• Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time Bid and Ask prices, which are crucial for executing trades at optimal prices.
• Convert Endpoint: This endpoint allows for easy conversion between different metals or from/to USD, making it simple to calculate the value of assets in various currencies.
• Time-Series Endpoint: Query the API for daily historical rates between two chosen dates, providing insights into price trends over specific periods.
• Fluctuation Endpoint: Track how prices fluctuate on a day-to-day basis, which can help in understanding market volatility.
• Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers looking for specific gold quality.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, which can inform trading strategies.
• Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for a specific time period, which is essential for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
• API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
• API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
• Available Endpoints: The API includes a comprehensive list of endpoints, each providing different functionalities tailored to user needs.
• Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring users have access to the latest information.
• Gold Price India Endpoint: Retrieve the latest gold price in India, which is particularly relevant for traders in the Indian market.
• News Endpoint: Stay updated with the latest news articles related to various metals, which can impact market conditions.

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 invaluable for developers looking to integrate specific metals into their applications.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective integration. Below are examples of various endpoints and their respective JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1745974991,
    "base": "USD",
    "date": "2025-04-30",
    "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 API successfully retrieved the latest rates for various metals, with Gold (XAU) priced at 0.000482 per troy ounce.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1745888591,
    "base": "USD",
    "date": "2025-04-29",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows how to access historical rates for a specific date, providing valuable data for trend analysis.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-23",
    "end_date": "2025-04-30",
    "base": "USD",
    "rates": {
        "2025-04-23": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-25": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-30": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response illustrates how to retrieve exchange rates for a specific time period, allowing for detailed analysis of price movements.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745974991,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The Convert Endpoint allows users to convert amounts between different metals or currencies, providing flexibility in financial calculations.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-23",
    "end_date": "2025-04-30",
    "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"
}

This endpoint is particularly useful for traders looking to understand market volatility and make informed decisions based on price changes.

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

{
    "success": true,
    "timestamp": 1745974991,
    "base": "USD",
    "date": "2025-04-30",
    "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"
}

Accessing OHLC data is essential for technical analysis, allowing traders to evaluate market trends and make predictions based on historical performance.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1745974991,
    "base": "USD",
    "date": "2025-04-30",
    "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 crucial information for executing trades, allowing users to understand the current market conditions and make informed decisions.

Conclusion

The Metals-API is a powerful tool for developers looking to access real-time and historical data for precious metals, including Ludhiana Gold 22k (LUDH-22k). By leveraging the various endpoints available, developers can create applications that provide valuable insights into market trends, enabling traders to make informed decisions based on accurate data.

As the landscape of precious metals trading continues to evolve, the integration of technology and data analytics will play a pivotal role in shaping the future of this market. The Metals-API not only facilitates access to essential data but also empowers developers to innovate and create solutions that enhance trading strategies.

For more information on how to implement the Metals-API in your applications, refer to the Metals-API Documentation. To explore the full range of supported symbols, visit the Metals-API Supported Symbols page. With the right tools and data at your disposal, you can stay ahead in the competitive world of precious metals trading.