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Access real-time DB Gold Double Long ETN (DGP) prices using this API

Access real-time DB Gold Double Long ETN (DGP) prices using this API

Access real-time DB Gold Double Long ETN (DGP) prices using this API

Access real-time DB Gold Double Long ETN (DGP) prices using this API

In today's fast-paced financial landscape, having access to real-time data is crucial for making informed investment decisions. For those interested in precious metals, particularly gold, the Metals-API provides a powerful tool for accessing real-time prices and historical data. This blog post will delve into the capabilities of the Metals-API, focusing on the gold symbol XAU, its markets, and how developers can leverage this API to create innovative applications.

Metals-API Information

The Metals-API is designed to provide developers with comprehensive access to real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API empowers developers to build applications that can analyze market trends, perform currency conversions, and track price fluctuations, all of which are essential for making strategic investment decisions.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a safe haven for investors. Its value is influenced by various factors, including market demand, geopolitical stability, and economic indicators. In recent years, digital transformation has significantly impacted the precious metals market. With the integration of data analytics and technology, traders can now access real-time insights that were previously unavailable.

Data analytics plays a pivotal role in understanding market trends. By utilizing the Metals-API, developers can create applications that analyze historical data and provide insights into price movements. This capability allows traders to make informed decisions based on comprehensive market analysis.

Furthermore, technology integration in trading has revolutionized how investors interact with the market. The Metals-API facilitates this integration by providing a seamless way to access real-time data, enabling developers to build applications that can execute trades based on predefined criteria.

Innovation in price discovery is another critical aspect of the gold market. The Metals-API offers various endpoints that allow users to retrieve the latest rates, historical data, and even bid and ask prices. This level of detail empowers traders to understand the market dynamics better and make strategic decisions.

As digital asset solutions continue to evolve, the Metals-API positions itself as a leader in providing real-time metals data. By leveraging this API, developers can create next-generation applications that enhance trading strategies and improve overall market efficiency.

API Description

The Metals-API is a robust platform that offers a wide range of features for accessing metals data. With its focus on innovation and technological advancement, this API is transforming how developers interact with precious metals markets. The API provides real-time exchange rate data, historical rates, and various endpoints designed to meet the needs of developers and traders alike.

For more information, you can visit the Metals-API Website or check the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:

  • 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 most current information to make decisions.
  • Historical Rates Endpoint: Access historical rates dating back to 2019. This endpoint allows you to query the API for historical rates by appending a date, enabling users to analyze trends over time.
  • Bid And Ask Endpoint: This powerful feature enables you to retrieve real-time bid and ask prices, which are crucial for traders looking to execute orders at the best possible prices.
  • Convert Endpoint: The API includes a currency conversion endpoint, allowing users to convert any amount from one currency to another. This feature is particularly useful for traders dealing with multiple currencies.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is beneficial for analyzing price movements over specific periods.
  • Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders make informed decisions.
  • Carat Endpoint: This endpoint allows you to retrieve information about gold rates by carat, which is essential for jewelers and investors in the jewelry market.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date, providing insights into market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, allowing traders to analyze market performance.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is valuable for traders focused on industrial metals.
  • API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
  • API Response: Exchange rates delivered by the Metals-API are relative to USD, and all data is returned in a structured JSON format.
  • Available Endpoints: The API comes with numerous endpoints, each providing different functionalities tailored to user needs.
  • Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring users have access to the latest symbols.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is crucial for local investors.
  • News Endpoint: Stay updated with the latest news articles related to various metals, helping traders stay 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.

API Endpoint Examples and Responses

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

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1748394062,
    "base": "USD",
    "date": "2025-05-28",
    "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

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1748307662,
    "base": "USD",
    "date": "2025-05-27",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-21",
    "end_date": "2025-05-28",
    "base": "USD",
    "rates": {
        "2025-05-21": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-23": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-28": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1748394062,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-21",
    "end_date": "2025-05-28",
    "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

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1748394062,
    "base": "USD",
    "date": "2025-05-28",
    "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

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1748394062,
    "base": "USD",
    "date": "2025-05-28",
    "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

The Metals-API is an invaluable resource for developers and traders looking to access real-time data on precious metals like gold. By utilizing the various endpoints, developers can create applications that provide insights into market trends, perform currency conversions, and track price fluctuations. The API's comprehensive features, including the latest rates, historical data, and bid/ask prices, empower users to make informed decisions in a rapidly changing market.

For those interested in exploring the capabilities of the Metals-API further, I encourage you to visit the Metals-API Documentation for detailed implementation guidance and the Metals-API Supported Symbols page for a complete list of available symbols. With the right tools and data at your fingertips, you can navigate the precious metals market with confidence.

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