Access ProShares UltraShort Gold (GLL) prices using this API

Access ProShares UltraShort Gold (GLL) Prices Using This API

Metals-API provides a powerful solution for developers looking to integrate gold price data, including the ProShares UltraShort Gold (GLL) prices, into their applications. This blog post will delve into the capabilities of the Metals-API, focusing on how it can be utilized to access and analyze gold prices, market trends, and historical data.

Metals-API Information

About Gold (XAU)

XAU, has long been a cornerstone of the financial markets. Its value is influenced by various factors, including economic stability, inflation rates, and geopolitical events. As digital transformation continues to reshape the financial landscape, the integration of technology in trading precious metals is becoming increasingly vital. The Metals-API stands at the forefront of this transformation, offering developers the tools needed to harness data analytics and market insights effectively.

API Description

Metals-API is designed to deliver real-time and historical data for various metals, including gold, silver, platinum, and palladium. This API enables developers to build next-generation applications that require accurate and timely metals data. With its robust architecture, the Metals-API supports a wide range of functionalities that can be seamlessly integrated into trading platforms, financial applications, and analytical tools.

Metals-API Documentation. This resource provides detailed insights into how to implement the API effectively, including examples and best practices.

Key Features and Endpoints

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need the latest market information to make timely decisions.
• Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve past data, 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 various metals, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The Metals-API includes a currency conversion feature that enables users to convert any amount from one metal to another or to/from 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 endpoint is invaluable for analyzing price movements over specific periods.
• Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis. This feature provides insights into market volatility and helps traders understand price trends.
• Carat Endpoint: Retrieve information about gold rates by carat. This is particularly useful for jewelers and consumers interested in the purity of gold.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date range, allowing for comprehensive market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, which is essential for technical analysis and trading strategies.
• 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 for authentication and is passed into the API base URL's access_key parameter.
• API Response: Exchange rates delivered by the Metals-API are relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The API comes with a comprehensive list of endpoints, each providing different functionalities tailored to various user needs.
• Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring users have access to the latest data.
• Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, catering to regional market needs.
• News Endpoint: Stay updated with the latest news articles related to various metals, helping traders stay informed about market developments.

Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1745038813,
    "base": "USD",
    "date": "2025-04-19",
    "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"
}

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1744952413,
    "base": "USD",
    "date": "2025-04-18",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-12",
    "end_date": "2025-04-19",
    "base": "USD",
    "rates": {
        "2025-04-12": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-14": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-19": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745038813,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-12",
    "end_date": "2025-04-19",
    "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"
}

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1745038813,
    "base": "USD",
    "date": "2025-04-19",
    "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"
}

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1745038813,
    "base": "USD",
    "date": "2025-04-19",
    "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"
}

Conclusion

Metals-API is an invaluable resource for developers seeking to access and analyze gold prices, including those for ProShares UltraShort Gold (GLL). By leveraging the API's extensive features, such as real-time rates, historical data, and conversion capabilities, developers can create powerful applications that meet the needs of modern traders.

Metals-API Website and dive into the Metals-API Documentation for detailed implementation guidance.