Access Salem Gold 24k (SALE-24k) prices using this API

Access Salem Gold 24k (SALE-24k) Prices Using This API

In the ever-evolving landscape of precious metals trading, the ability to access real-time data is crucial for developers and traders alike. The Metals-API provides a robust solution for accessing gold prices, including the Salem Gold 24k (SALE-24k) prices. This blog post will delve into the intricacies of the Metals-API, focusing on its capabilities, particularly in relation to gold (XAU), and how it empowers developers to create innovative applications in the precious metals market.

Metals-API Information

The Metals-API is a powerful tool that offers real-time and historical data for various metals, including gold, silver, platinum, and palladium. With its comprehensive suite of endpoints, developers can easily integrate precious metals data into their applications, enabling them to make informed trading decisions based on the latest market insights.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. As digital transformation sweeps through the financial sector, the trading of gold is also undergoing significant changes. The integration of data analytics and technology into trading practices is revolutionizing how investors approach precious metals.

One of the most significant advancements in this space is the use of real-time data analytics. By leveraging the capabilities of the Metals-API, developers can access up-to-the-minute gold prices, allowing for more accurate price discovery and informed trading strategies. This innovation is not just about speed; it’s about the ability to analyze trends and fluctuations in the market, providing traders with insights that were previously difficult to obtain.

Furthermore, the rise of digital asset solutions has opened new avenues for trading gold. With the Metals-API, developers can create applications that facilitate seamless transactions, currency conversions, and even historical data analysis, all of which are essential for modern trading environments.

API Description

The Metals-API is designed to provide developers with a comprehensive set of tools to access metals data. Its capabilities include real-time price updates, historical data retrieval, and various endpoints that cater to different trading needs. The API is built with innovation and technological advancement in mind, allowing developers to create next-generation applications that can handle the complexities of the precious metals market.

For more information on how to get started, visit the Metals-API Documentation. This resource provides detailed guidance on implementing the API and understanding its various features.

Key Features and Endpoints

The Metals-API offers a range of endpoints that cater to different functionalities, making it a versatile tool for developers. Here 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 is crucial for traders who need the latest prices 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 prices, which is essential for trend analysis and forecasting.
  • Bid and Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: Easily convert any amount from one metal to another or to/from USD. This endpoint simplifies the process of currency conversion, making it easier for traders to manage their portfolios.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This is particularly useful for analyzing price movements over specific periods.
  • Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis. This endpoint helps traders understand volatility and market trends.
  • Carat Endpoint: Get information about gold rates by carat. This is particularly useful for jewelers and those dealing in gold jewelry.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date range, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, essential for technical analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
  • API Key: Your unique API key is required for authentication and must be included in the API base URL's access_key parameter.
  • API Response: Exchange rates are delivered relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The API comes with multiple endpoints, each providing different functionalities, allowing for extensive data retrieval.
  • Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring you have access to the latest symbols and their specifications.
  • 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, 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.

API Endpoint Examples and Responses

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

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1745031619,
    "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

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1744945219,
    "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

Get exchange rates for a specific time period.

{
    "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

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

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745031619,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "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

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1745031619,
    "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

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1745031619,
    "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

The Metals-API is an invaluable resource for developers looking to integrate precious metals data into their applications. With its extensive range of endpoints, including real-time rates, historical data, and conversion capabilities, it empowers users to make informed trading decisions. The API not only facilitates access to critical market data but also enhances the trading experience through innovative technology and data analytics.

For further exploration of the API's capabilities, be sure to check the Metals-API Website for additional resources and updates. By leveraging the power of the Metals-API, developers can stay ahead in the dynamic world of precious metals trading.

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