Access Sprott ESG Gold ETF (SESG) Historical Prices with Metals-API

Access Sprott ESG Gold ETF (SESG) Historical Prices with Metals-API

In the world of precious metals investment, understanding historical prices is crucial for making informed decisions. The Sprott ESG Gold ETF (SESG) is a popular choice among investors looking to gain exposure to gold while adhering to environmental, social, and governance (ESG) criteria. To effectively track the historical prices of SESG and other precious metals, utilizing an API like Metals-API can provide you with accurate and real-time data. In this blog post, we will explore how to access historical prices for the Sprott ESG Gold ETF using Metals-API, along with detailed information about gold and the features of the API.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU (derived from the Latin word 'aurum'), is a highly sought-after precious metal known for its rarity, malleability, and resistance to corrosion. For thousands of years, gold has served as a store of value and a medium of exchange, making it a significant asset in the financial markets.

Key characteristics of Gold:

  • Market significance: Gold is considered a major safe-haven asset and an effective hedge against inflation.
  • Primary uses: It is widely used in investment, jewelry, electronics, dentistry, and aerospace industries.
  • Major producers: The leading producers of gold include China, Australia, Russia, and the United States.
  • Measurement: Gold is typically priced in troy ounces, with one troy ounce equaling 31.1034768 grams.
  • Purity: The purity of gold is measured in karats (with 24k being pure gold) or fineness (where 999.9 indicates 99.99% purity).
  • Trading: Gold is traded on major exchanges, including COMEX, LBMA, and the Shanghai Gold Exchange.

Gold Market Information

The gold market is influenced by a variety of factors, including:

  • Global economic conditions and inflation expectations
  • Industrial demand and technological developments
  • Mining production and supply constraints
  • Investment demand, including ETFs and physical holdings
  • Currency fluctuations, particularly the US Dollar
  • Geopolitical events and market uncertainty

By tracking gold prices through APIs like Metals-API, investors, analysts, and businesses can make informed decisions based on accurate, real-time data.

API Description

Metals-API provides real-time and historical precious metals rates data through multiple API endpoints. It offers functionalities such as retrieving the latest exchange rates, converting amounts between currencies, and querying time-series data. For more information, you can visit the Metals-API Website or check the Metals-API Documentation.

Key Features and Endpoints

Metals-API offers a range of endpoints that cater to various needs:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes or every 10 minutes.
  • Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. You can query the Metals-API for historical rates by appending a date.
  • Bid And Ask Endpoint: This feature allows you to retrieve real-time Bid and Ask prices, depending on your subscription plan.
  • Convert Endpoint: This endpoint enables you to convert any amount from one currency to another.
  • Time-Series Endpoint: This allows you to query the API for daily historical rates between two dates of your choice.
  • Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis.
  • Carat Endpoint: Get information about gold rates by carat.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close price for a specified date.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008.
  • API Key: Your unique API key is required to access the API.
  • API Response: Exchange rates are delivered relative to USD by default.
  • Supported Symbols Endpoint: This endpoint returns all available currencies and metals.
  • Gold Price India Endpoint: Retrieve the latest gold price in India.
  • News Endpoint: Get the latest news articles related to various metals.

Supported Metals and Currencies

Metals-API supports a wide range of metals and currencies. Key metals include Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD), along with others like Aluminum, Zinc, and Tin. The API also supports major currencies such as USD, EUR, GBP, and JPY. For a complete list of all supported symbols, refer to the Metals-API Supported Symbols page.

Example API Responses

Latest Rates Endpoint Response:

{
    "success": true,
    "timestamp": 1741910966,
    "base": "USD",
    "date": "2025-03-14",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744,
        "EUR": 0.92,
        "GBP": 0.78,
        "JPY": 110.45
    }
}

Historical Rates Endpoint Response:

{
    "success": true,
    "timestamp": 1741824566,
    "base": "USD",
    "date": "2025-03-13",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    }
}

Convert Endpoint Response:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1741910966,
        "rate": 0.000482
    },
    "result": 0.482
}

Common Use Cases for Metals-API

Metals-API can be utilized in various scenarios:

  1. Real-time Precious Metal Price Tracking: Monitor prices for gold, silver, platinum, and palladium in real-time.
  2. Historical Price Analysis: Analyze historical price trends to inform investment decisions.
  3. Currency Conversion: Convert between different currencies and precious metals.
  4. Price Alerts: Set up notifications for when prices reach specific thresholds.
  5. Financial Applications: Integrate metal prices into financial dashboards and applications.
  6. Trading Platforms: Power trading platforms with accurate metal pricing data.
  7. Investment Portfolio Tracking: Track the value of precious metal investments over time.

Implementation Guidance

When implementing Metals-API, developers should consider the following:

  • Error Handling: Implement robust error handling for network issues and API responses to ensure a smooth user experience.
  • Data Validation: Validate and format data for display to ensure accuracy and clarity.
  • Conversion Calculations: Ensure accurate calculations when converting between different units and currencies.
  • Historical Data Storage: Store historical data for trend analysis and reporting purposes.

By leveraging the capabilities of Metals-API, developers can create powerful applications that provide valuable insights into the precious metals market. Whether you are building a trading platform, a financial dashboard, or a simple price tracking tool, Metals-API offers the tools you need to succeed.

Conclusion

Accessing historical prices for the Sprott ESG Gold ETF (SESG) and other precious metals is essential for informed investment decisions. Metals-API provides a comprehensive solution for retrieving real-time and historical data, enabling users to track prices, analyze trends, and make strategic choices. With its wide range of endpoints and features, Metals-API is a valuable resource for developers and investors alike. For more information, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.

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