Access Nagpur Gold 24k (NAGP-24k) Historical Prices for Data Analysis with Metals-API

Access Nagpur Gold 24k (NAGP-24k) Historical Prices for Data Analysis with Metals-API
In the world of precious metals, gold stands out as a timeless asset, revered for its intrinsic value and stability. For developers and analysts looking to access historical prices of gold, particularly the Nagpur Gold 24k (NAGP-24k), the Metals-API offers a robust solution. This blog post delves into the capabilities of Metals-API, focusing on how to retrieve historical prices and leverage this data for insightful analysis.
About Gold (XAU)
Gold, represented by the symbol XAU, has undergone a digital transformation in recent years. The integration of technology in trading has revolutionized how investors access and analyze market data. With the rise of data analytics, market insights derived from historical gold prices have become invaluable for traders and investors alike. The Metals-API provides a seamless way to access this data, enabling developers to build innovative applications that can analyze trends, forecast prices, and make informed trading decisions.
As the demand for digital asset solutions grows, the importance of accurate and real-time data cannot be overstated. The Metals-API empowers developers to harness the power of real-time metals data, facilitating the creation of next-generation applications that can adapt to market changes swiftly. By utilizing the API, developers can integrate advanced analytics and machine learning algorithms to enhance their trading strategies and improve price discovery.
API Description
The Metals-API is a powerful tool designed for developers seeking to access real-time and historical data on various metals, including gold. With its innovative features, the API allows users to retrieve exchange rates, historical prices, and other essential data points that are crucial for effective trading and analysis. The API's capabilities extend beyond mere data retrieval; it enables developers to create applications that can analyze trends, monitor fluctuations, and provide insights into market dynamics.
For comprehensive documentation on how to utilize the API, visit the Metals-API Documentation. Here, you will find detailed information on the various endpoints available, including the latest rates, historical rates, and specialized features like bid/ask prices and currency conversion.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Each endpoint is designed to provide specific functionalities that can be leveraged for various applications. Below are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This allows developers to access the most current market prices for gold and other metals.
- Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical prices for analysis and reporting.
- Bid And Ask Endpoint: This feature enables users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert amounts between different metals or to/from USD, facilitating seamless transactions.
- Time-Series Endpoint: This endpoint allows users to query daily historical rates between two selected dates, making it easier to analyze trends over time.
- Fluctuation Endpoint: Users can track how metals fluctuate on a day-to-day basis, providing insights into market volatility and price movements.
- Carat Endpoint: This feature provides information about gold rates by carat, allowing users to understand pricing variations based on purity.
- Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, which is crucial for understanding market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for comprehensive market analysis.
- API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
- Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local traders.
- News Endpoint: Access the latest news articles related to various metals, keeping users informed about market developments.
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 how to interact with the Metals-API is crucial for effective implementation. Below are examples of various API endpoints, showcasing their functionality and the structure of the responses.
Latest Rates Endpoint
{
"success": true,
"timestamp": 1744344086,
"base": "USD",
"date": "2025-04-11",
"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"
}
The response includes a success flag, a timestamp, the base currency (USD), the date of the rates, and the rates for various metals. This information is essential for developers to understand current market conditions.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1744257686,
"base": "USD",
"date": "2025-04-10",
"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 any date since 1999. The response structure is similar to the latest rates endpoint, providing a clear view of past market conditions.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-04-04",
"end_date": "2025-04-11",
"base": "USD",
"rates": {
"2025-04-04": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-06": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-11": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint is particularly useful for analyzing trends over a specified period. The response includes rates for each day within the selected range, allowing for detailed analysis of price movements.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1744344086,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This endpoint allows users to convert amounts from one metal to another or to/from USD. The response provides the conversion rate and the result, making it easy for developers to implement currency conversion features in their applications.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-04",
"end_date": "2025-04-11",
"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 change over time, which is crucial for traders looking to understand market volatility. The response includes both absolute and percentage changes, offering a comprehensive view of price movements.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1744344086,
"base": "USD",
"date": "2025-04-11",
"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. The OHLC data provides a snapshot of market performance over a specific period, allowing for informed trading decisions based on historical price patterns.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1744344086,
"base": "USD",
"date": "2025-04-11",
"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 is crucial for understanding market liquidity. The response includes the current bid and ask prices, along with the spread, which is essential for traders looking to execute orders efficiently.
Conclusion
Accessing historical prices for Nagpur Gold 24k (NAGP-24k) is made simple and efficient through the Metals-API. With its extensive range of endpoints, developers can retrieve real-time and historical data, analyze trends, and make informed trading decisions. The API's capabilities extend beyond basic data retrieval, empowering users to create innovative applications that leverage advanced analytics and machine learning.
For those looking to dive deeper into the world of precious metals trading, the Metals-API provides the tools necessary to succeed. By utilizing the comprehensive features of the API, developers can enhance their applications, optimize trading strategies, and gain valuable insights into market dynamics. To get started, explore the Metals-API Documentation for detailed information on how to implement these features effectively.
In summary, the Metals-API is a transformative tool for developers and traders alike, offering a wealth of data and insights that can drive success in the precious metals market. Whether you are analyzing historical trends or seeking real-time data, the Metals-API is your go-to resource for all things related to precious metals.