Accessing Chandigarh Gold 24k (CHAN-24k) Historical Prices Made Easy with this API
Accessing Chandigarh Gold 24k (CHAN-24k) Historical Prices Made Easy with this API
In the ever-evolving world of precious metals trading, accessing accurate and timely data is crucial for informed decision-making. For developers and traders interested in Gold (XAU), the Metals-API offers a powerful solution to retrieve historical prices, including those for Chandigarh Gold 24k (CHAN-24k). This blog post will delve into the capabilities of the Metals-API, focusing on how to effectively access historical prices and leverage the API's features for enhanced trading strategies.
About Gold (XAU)
Gold has long been regarded as a safe haven asset, especially during times of economic uncertainty. As digital transformation sweeps across various industries, the precious metals market is no exception. The integration of data analytics and technology into trading practices has revolutionized how investors approach gold trading. With the advent of real-time data solutions like the Metals-API, traders can now access market insights that were previously difficult to obtain.
One of the key innovations in the gold market is the use of digital asset solutions, which allow for seamless transactions and real-time price discovery. The Metals-API stands at the forefront of this transformation, providing developers with the tools necessary to build next-generation applications that can analyze and respond to market changes instantaneously.
Metals-API Overview
The Metals-API is a comprehensive JSON API that provides real-time and historical data for various metals, including Gold (XAU). This API empowers developers to create applications that can track price fluctuations, convert currencies, and analyze trends over time. With a user-friendly interface and extensive documentation, the Metals-API simplifies the process of integrating precious metals data into applications.
For more information, you can visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.
Key Features of Metals-API
The Metals-API offers a variety of endpoints that cater to different needs in the precious metals market. Here are some of the most notable features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay updated on market movements.
- 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 for Gold and other metals, which is invaluable for trend analysis.
- Bid and Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices, helping traders make informed decisions based on current market conditions.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling 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 feature is ideal for analyzing price trends over specific periods.
- Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis. This endpoint is crucial for understanding market volatility.
- Carat Endpoint: Access information about Gold rates by carat. This is particularly useful for jewelers and traders dealing in different purity levels of gold.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date, allowing traders to identify market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Get the open, high, low, and close prices for a specific date, which is essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a broader context for market analysis.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: Exchange rates are delivered relative to USD by default, and all data is returned in a structured JSON format.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies, ensuring you have the latest information at your fingertips.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
Accessing Historical Prices for Gold (XAU)
To access historical prices for Gold (XAU), you can utilize the Historical Rates Endpoint. This endpoint allows you to specify a date and retrieve the corresponding price data. For example, if you want to know the price of Gold on January 11, 2026, you would structure your API request accordingly. The response will provide you with the price of Gold in relation to USD, along with other relevant data.
{
"success": true,
"timestamp": 1768090845,
"base": "USD",
"date": "2026-01-11",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response indicates that on January 11, 2026, the price of Gold was 0.000485 per troy ounce. Understanding how to interpret these responses is crucial for effective trading.
Utilizing the Time-Series Endpoint
The Time-Series Endpoint is particularly useful for traders looking to analyze price trends over a specific period. By specifying a start and end date, you can retrieve daily historical rates for Gold. For instance, if you want to analyze the price of Gold from January 5 to January 12, 2026, your API request would look like this:
{
"success": true,
"timeseries": true,
"start_date": "2026-01-05",
"end_date": "2026-01-12",
"base": "USD",
"rates": {
"2026-01-05": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-07": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-12": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a comprehensive view of how Gold prices have changed over the specified period, allowing traders to identify trends and make informed decisions.
Understanding the Convert Endpoint
The Convert Endpoint is another valuable feature of the Metals-API, allowing users to convert amounts between different metals or to/from USD. For example, if you want to convert 1000 USD to Gold, your API request would look like this:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1768177245,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The response indicates that 1000 USD is equivalent to 0.482 troy ounces of Gold at the current exchange rate. This feature is particularly useful for traders who need to quickly assess the value of their investments in different metals.
Fluctuation Tracking with the Fluctuation Endpoint
Understanding market volatility is essential for traders, and the Fluctuation Endpoint provides insights into how prices change over time. By specifying a start and end date, you can track the fluctuations in Gold prices. For instance, if you want to analyze the fluctuations between January 5 and January 12, 2026, your request would look like this:
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-05",
"end_date": "2026-01-12",
"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 response shows the starting and ending rates for Gold, along with the percentage change, providing traders with a clear picture of market dynamics.
Open/High/Low/Close (OHLC) Data
The OHLC Price Endpoint is essential for traders who rely on technical analysis. By retrieving open, high, low, and close prices for a specific date, traders can make informed decisions based on historical performance. For example, if you want to get OHLC data for January 12, 2026, your request would look like this:
{
"success": true,
"timestamp": 1768177245,
"base": "USD",
"date": "2026-01-12",
"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 data is crucial for traders looking to identify patterns and make predictions based on historical price movements.
Bid/Ask Prices for Informed Trading
The Bid/Ask Endpoint provides current bid and ask prices for metals, which is vital for traders looking to execute trades at optimal prices. For example, if you want to retrieve the current bid and ask prices for Gold, your request would look like this:
{
"success": true,
"timestamp": 1768177245,
"base": "USD",
"date": "2026-01-12",
"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"
}
This response provides traders with the necessary information to make quick decisions based on current market conditions.
Conclusion
Accessing historical prices for Chandigarh Gold 24k (CHAN-24k) and other precious metals has never been easier, thanks to the Metals-API. With its extensive range of features, including real-time rates, historical data, and conversion capabilities, developers can create powerful applications that enhance trading strategies. By leveraging the API's capabilities, traders can gain valuable insights into market trends, make informed decisions, and ultimately improve their trading outcomes.
For more detailed information on how to implement these features, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. The future of precious metals trading is here, and with the right tools, you can stay ahead of the curve.