Analyze KANP-24k Price Movements with Metals-API

In the ever-evolving landscape of metal markets, understanding price movements is crucial for investors, traders, and developers alike. One of the most significant symbols in this domain is KANP-24k, which represents the price of 24-karat gold. Analyzing the price movements of KANP-24k can provide valuable insights into market trends and investment opportunities. To facilitate this analysis, developers can leverage the powerful capabilities of the Metals-API, a robust tool designed to provide real-time and historical data on various metals, including gold.

Metals-API Information

About Molybdenum (MO)

Molybdenum, represented by the symbol MO, is a critical metal used in various industrial applications, including steel production and electronics. As the metal market undergoes a digital transformation, the integration of technological innovations and advancements is becoming increasingly important. The Metals-API plays a pivotal role in this transformation by providing developers with access to real-time data analytics and insights.

With the rise of smart technology integration, the ability to analyze historical prices and trends has never been more accessible. Developers can harness the power of data analytics to create applications that not only track current prices but also predict future trends based on historical data. This capability opens up a world of possibilities for investment strategies and market analysis.

API Description

The Metals-API is designed to empower developers by providing a comprehensive suite of features that facilitate the retrieval of real-time and historical metals data. Its innovative architecture allows for seamless integration into various applications, enabling developers to build next-generation solutions that leverage the power of real-time data.

One of the standout features of the Metals-API is its ability to deliver accurate and timely information on metal prices, including KANP-24k. By utilizing the API, developers can create applications that provide users with up-to-date price information, historical trends, and analytical insights. This capability is essential for making informed investment decisions in the fast-paced metal market.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs and use cases. 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 crucial for traders who need the latest price information to make timely decisions.
  • Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. Developers can query the Metals-API for historical rates by appending a specific date, allowing for in-depth analysis of price movements over time.
  • Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for various metals. It is particularly useful for traders looking to execute orders at the best possible prices.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This feature simplifies transactions and enhances user experience.
  • Time-Series Endpoint: This endpoint allows developers to query the API for daily historical rates between two dates of their choice. It is ideal for analyzing trends and fluctuations over specific periods.
  • Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis. This endpoint provides valuable insights into market volatility and helps users make informed decisions.
  • Carat Endpoint: This feature allows users to retrieve information about gold rates by carat. It is particularly useful for jewelers and consumers looking to understand the value of gold in different forms.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specific metal over a defined period. This information is essential for traders looking to identify market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, allowing for detailed market analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008. This endpoint is crucial for users interested in long-term trends and historical performance.
  • API Key: Your unique API key is essential for accessing the Metals-API. It is passed into the API base URL's access_key parameter to authenticate requests.
  • API Response: Exchange rates delivered by the Metals-API are by default relative to USD. All data is returned in a structured JSON format, making it easy to integrate into applications.
  • Available Endpoints: The Metals-API comes with a comprehensive list of endpoints, each providing different functionalities. Developers can explore these options to find the best fit for their needs.
  • Supported Symbols Endpoint: This endpoint returns all available currencies and metal symbols, allowing developers to stay updated on the latest offerings.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, catering to a specific regional market.
  • News Endpoint: Stay informed with the latest news articles related to various metals, providing context and insights into 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. This resource is invaluable for developers looking to understand the full scope of available data.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, here 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": 1742342899,
    "base": "USD",
    "date": "2025-03-19",
    "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": 1742256499,
    "base": "USD",
    "date": "2025-03-18",
    "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": "2025-03-12",
    "end_date": "2025-03-19",
    "base": "USD",
    "rates": {
        "2025-03-12": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-14": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-03-19": {
            "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": 1742342899,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-12",
    "end_date": "2025-03-19",
    "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": 1742342899,
    "base": "USD",
    "date": "2025-03-19",
    "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": 1742342899,
    "base": "USD",
    "date": "2025-03-19",
    "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

In conclusion, the Metals-API offers a comprehensive solution for developers looking to analyze KANP-24k price movements and gain insights into the metal market. With its extensive range of features and endpoints, the API empowers users to access real-time and historical data, enabling informed decision-making and strategic planning.

As the metal markets continue to evolve, leveraging advanced technologies and data analytics will be crucial for staying ahead of the curve. By utilizing the Metals-API, developers can create innovative applications that not only track prices but also provide valuable insights into market trends and fluctuations.

For more information on how to implement the Metals-API in your projects, refer to the Metals-API Documentation. To explore the full range of supported symbols, visit the Metals-API Supported Symbols page. Start harnessing the power of real-time metals data today with the Metals-API Website.

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