Access Pondicherry Gold 24k (POND-24k) Historical Prices via Metals-API

Access Pondicherry Gold 24k (POND-24k) Historical Prices via Metals-API

In the ever-evolving landscape of precious metals trading, having access to accurate and timely data is paramount. For developers and traders interested in the historical prices of gold, specifically Pondicherry Gold 24k (POND-24k), the Metals-API offers a robust solution. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices and leverage the API's features for enhanced trading strategies and insights.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of financial markets and a safe haven for investors. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. With the integration of technology in trading, the way we discover prices and manage assets has evolved significantly. The Metals-API stands at the forefront of this transformation, providing developers with the tools necessary to build next-generation applications that can analyze historical data, track price fluctuations, and make informed trading decisions.

As the demand for digital asset solutions grows, the Metals-API empowers users to access real-time and historical data, enabling them to innovate in price discovery and market analysis. This API is not just a data source; it is a comprehensive platform that integrates various functionalities to enhance trading strategies and investment decisions.

API Description

The Metals-API is designed to provide developers with a seamless experience in accessing metals data. It offers a wide range of capabilities, including real-time exchange rates, historical data, and various endpoints tailored to meet the needs of traders and analysts. The API's innovative approach allows for the integration of real-time data into applications, enabling users to make data-driven decisions.

For detailed documentation on how to implement these features, visit the Metals-API Documentation. Here, you will find comprehensive guides on using the API effectively, including authentication, endpoint usage, and response handling.

Key Features and Endpoints

The Metals-API offers several key features that are essential for accessing and analyzing gold prices:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data, updated based on your subscription plan. Depending on your plan, you can receive updates every 60 minutes or even every 10 minutes, ensuring you have the most current information at your fingertips.
  • Historical Rates Endpoint: Access historical rates for gold and other metals dating back to 2019. By appending a specific date to your request, you can retrieve past prices, which is crucial for trend analysis and forecasting.
  • Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for gold. Understanding the spread between these prices is essential for making informed trading decisions.
  • Convert Endpoint: The conversion endpoint enables users to convert amounts between different metals or from/to USD. This is particularly useful for traders dealing in multiple currencies.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is invaluable for analyzing trends over specific periods.
  • Fluctuation Endpoint: Track how gold prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders to strategize effectively.
  • Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and consumers interested in specific gold qualities.
  • Lowest/Highest Price Endpoint: This endpoint allows you to query the API for the lowest and highest prices of gold over a specified period, providing insights into market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for specific time periods, which is crucial for technical analysis and trading strategies.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive analysis of market trends.
  • API Key: Your unique API key is required to access the API's features. This key must be included in your requests to authenticate your access.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in your data analysis.
  • Available Endpoints: The Metals-API provides a constantly updated list of all available currencies and metals, ensuring you have access to the latest data.
  • Gold Price India Endpoint: Retrieve the latest gold prices specifically for India, catering to regional trading needs.
  • News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

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's responses is crucial for effective implementation. Below are examples of various endpoints and their JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1743660015,
    "base": "USD",
    "date": "2025-04-03",
    "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 the current exchange rates for various metals, with gold (XAU) priced at 0.000482 per troy ounce. Understanding the structure of this response allows developers to parse and utilize the data effectively.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1743573615,
    "base": "USD",
    "date": "2025-04-02",
    "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. The response provides the price of gold on April 2, 2025, allowing for historical analysis.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-27",
    "end_date": "2025-04-03",
    "base": "USD",
    "rates": {
        "2025-03-27": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-29": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-03": {
            "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, enabling developers to analyze trends over time.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1743660015,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The convert endpoint allows users to convert a specified amount from one currency to another. In this case, 1000 USD converts to 0.482 troy ounces of gold.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-27",
    "end_date": "2025-04-03",
    "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 tracks fluctuations in prices over a specified period, providing insights into market volatility. Understanding these changes can help traders make informed decisions.

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1743660015,
    "base": "USD",
    "date": "2025-04-03",
    "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 response provides the open, high, low, and close prices for a specific date, which is essential for technical analysis and understanding market trends.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1743660015,
    "base": "USD",
    "date": "2025-04-03",
    "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 current bid and ask prices, along with the spread. This information is crucial for traders looking to execute orders at the best possible prices.

Conclusion

Accessing historical prices for Pondicherry Gold 24k (POND-24k) through the Metals-API is not only straightforward but also essential for traders and developers looking to enhance their trading strategies. The API's extensive features, including real-time rates, historical data, and various endpoints, provide a comprehensive toolkit for analyzing gold prices and making informed decisions.

By leveraging the capabilities of the Metals-API, developers can create innovative applications that integrate real-time data, perform complex analyses, and deliver valuable insights to traders. For more information on how to get started, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.

In a world where data-driven decisions are paramount, the Metals-API stands out as a transformative tool for anyone involved in precious metals trading. Whether you are a seasoned trader or a developer looking to build the next big application, the Metals-API provides the resources you need to succeed.

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