Access Nagpur Gold 24k (NAGP-24k) Historical Prices through Metals-API

Access Nagpur Gold 24k (NAGP-24k) Historical Prices through Metals-API

In the ever-evolving landscape of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. One of the most sought-after metals is Gold, represented by the symbol XAU. For developers and traders alike, the Metals-API offers a robust solution for accessing historical prices, including those for Nagpur Gold 24k (NAGP-24k). This blog post delves into the capabilities of the Metals-API, focusing on how to retrieve historical prices and other valuable data related to Gold.

Metals-API Information

About Gold (XAU)

Gold has long been a symbol of wealth and stability, often regarded as a safe haven during economic uncertainty. The digital transformation in precious metals trading has revolutionized how investors and traders access market data. With the advent of data analytics and technology integration, traders can now leverage real-time insights to make informed decisions. The Metals-API exemplifies this innovation, providing developers with the tools to build next-generation applications that can analyze market trends, track price fluctuations, and optimize trading strategies.

As the demand for digital asset solutions grows, the importance of accurate price discovery becomes paramount. The Metals-API empowers users to access a wealth of information, including historical prices, current rates, and market news, all of which are essential for effective trading and investment strategies.

API Description

The Metals-API is designed to provide comprehensive data on various metals, including Gold, Silver, Platinum, and Palladium. It offers a range of endpoints that allow users to access real-time and historical data, making it an invaluable resource for traders and developers. By utilizing the Metals-API, developers can create applications that not only retrieve data but also analyze and visualize it in meaningful ways.

For detailed technical specifications, developers can refer to the Metals-API Documentation, which outlines the various endpoints and their functionalities. The API supports a wide array of symbols, which can be explored further on the Metals-API Supported Symbols page.

Key Features and Endpoints

The Metals-API offers several key features that enhance its usability and functionality:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for various metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes, every 10 minutes, or even more frequently. This endpoint is essential for traders who need to stay informed about the latest market movements.

{
        "success": true,
        "timestamp": 1744419734,
        "base": "USD",
        "date": "2025-04-12",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Accessing historical rates is crucial for analyzing market trends over time. The Historical Rates Endpoint allows users to query historical prices dating back to 2019 by appending a specific date to the API request. This feature is particularly useful for back-testing trading strategies and understanding price movements.

{
        "success": true,
        "timestamp": 1744333334,
        "base": "USD",
        "date": "2025-04-11",
        "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 provides real-time bid and ask prices for metals. This information is critical for traders looking to execute orders at the best possible prices. The bid price represents the maximum price that a buyer is willing to pay, while the ask price is the minimum price that a seller is willing to accept.

{
        "success": true,
        "timestamp": 1744419734,
        "base": "USD",
        "date": "2025-04-12",
        "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 amounts between different metals or to/from USD. This feature is particularly useful 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": 1744419734,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series Endpoint allows users to retrieve daily historical rates between two specified dates. This feature is invaluable for analyzing trends and making predictions based on past performance.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-04-05",
        "end_date": "2025-04-12",
        "base": "USD",
        "rates": {
            "2025-04-05": {
                "XAU": 0.000485,
                "XAG": 0.03825
            },
            "2025-04-12": {
                "XAU": 0.000482,
                "XAG": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how metal prices fluctuate over a specified period. This information can help traders understand market volatility and make informed decisions based on price changes.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-04-05",
        "end_date": "2025-04-12",
        "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 access the open, high, low, and close prices for a specific time period. This data is essential for traders who rely on candlestick charts and other technical analysis tools.

{
        "success": true,
        "timestamp": 1744419734,
        "base": "USD",
        "date": "2025-04-12",
        "rates": {
            "XAU": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "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 useful for traders interested in the London Metal Exchange prices.

API Key and Authentication

To access the Metals-API, users must obtain an API Key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the data.

Conclusion

In conclusion, the Metals-API offers a comprehensive suite of tools for accessing and analyzing precious metals data, particularly for Gold (XAU). With features such as real-time rates, historical data, and various endpoints tailored for specific needs, developers can create powerful applications that enhance trading strategies and market analysis. By leveraging the capabilities of the Metals-API, traders can stay ahead of market trends and make informed decisions based on accurate data. For more information, visit the Metals-API Website and explore the Metals-API Documentation for detailed technical specifications and usage examples.