Best Indore Gold 24k (INDO-24k) prices API in 2025 for Financial Applications

Exploring the Best Indore Gold 24k (INDO-24k) Prices API in 2025 for Financial Applications

Metals-API stands out as a leading solution for developers seeking to integrate gold price data into their financial applications. This blog post delves into the intricacies of the Metals-API, focusing on its capabilities, features, and how it can empower developers to create innovative financial applications that leverage real-time data analytics.

Metals-API Information

About Gold (XAU)

XAU, has long been a cornerstone of financial markets, serving as a safe haven for investors and a standard for wealth measurement. In recent years, the digital transformation of precious metals has revolutionized how traders and investors access and analyze market data. The integration of technology in trading has enabled real-time insights, allowing for more informed decision-making.

Metals-API, developers can harness the power of data analytics to gain market insights that were previously difficult to obtain. This API provides a comprehensive suite of tools that facilitate innovation in price discovery and enhance the trading experience.

Metals-API, developers can create applications that not only track gold prices but also offer features like currency conversion, historical data analysis, and real-time alerts, thereby transforming how users interact with precious metals.

API Description

Metals-API is designed to provide developers with real-time and historical data on precious metals, including gold, silver, platinum, and palladium. This API empowers developers to build next-generation applications that require accurate and timely metals data. With its robust architecture, the Metals-API supports various endpoints that cater to different data needs, making it an invaluable resource for financial applications.

Metals-API Documentation, which outlines all available features and endpoints.

Key Features and Endpoints

Metals-API offers a variety of endpoints that provide different functionalities, allowing developers to tailor their applications to specific needs. Here are some of the key features:

Latest Rates Endpoint

Latest Rates Endpoint provides real-time exchange rate data for precious metals. Depending on the subscription plan, this endpoint can return updates every 60 minutes or even every 10 minutes. This feature is essential for applications that require up-to-the-minute pricing information.

{
        "success": true,
        "timestamp": 1742608820,
        "base": "USD",
        "date": "2025-03-22",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Historical Rates Endpoint allows developers to access historical exchange rates dating back to 2019. This endpoint is particularly useful for applications that analyze trends over time, enabling users to make informed decisions based on past performance.

{
        "success": true,
        "timestamp": 1742522420,
        "base": "USD",
        "date": "2025-03-21",
        "rates": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "unit": "per troy ounce"
    }

Bid And Ask Endpoint

Bid And Ask Endpoint provides real-time bid and ask prices for metals. This feature is crucial for traders looking to execute buy or sell orders at the best possible prices.

{
        "success": true,
        "timestamp": 1742608820,
        "base": "USD",
        "date": "2025-03-22",
        "rates": {
            "XAU": {
                "bid": 0.000481,
                "ask": 0.000483,
                "spread": 2.0e-6
            },
            "XAG": {
                "bid": 0.0381,
                "ask": 0.0382,
                "spread": 0.0001
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion capabilities.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAU",
            "amount": 1000
        },
        "info": {
            "timestamp": 1742608820,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

Time-Series Endpoint

Time-Series Endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is invaluable for applications that require detailed historical analysis.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-03-15",
        "end_date": "2025-03-22",
        "base": "USD",
        "rates": {
            "2025-03-15": {
                "XAU": 0.000485
            },
            "2025-03-22": {
                "XAU": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is essential for applications that track market volatility.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-03-15",
        "end_date": "2025-03-22",
        "base": "USD",
        "rates": {
            "XAU": {
                "start_rate": 0.000485,
                "end_rate": 0.000482,
                "change": -3.0e-6,
                "change_pct": -0.62
            }
        },
        "unit": "per troy ounce"
    }

Open/High/Low/Close (OHLC) Price Endpoint

OHLC Price Endpoint allows developers to query the API for the open, high, low, and close prices for a specific time period. This data is critical for traders who analyze price movements to make informed decisions.

{
        "success": true,
        "timestamp": 1742608820,
        "base": "USD",
        "date": "2025-03-22",
        "rates": {
            "XAU": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for applications that require long-term historical data analysis.

API Key and Response

Metals-API, developers must use an API Key, which is a unique identifier passed into the API base URL's access_key parameter. The API responds with exchange rates relative to USD, ensuring consistency across different queries.

List of Symbols

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.

Conclusion

Metals-API is an essential tool for developers looking to integrate real-time and historical precious metals data into their financial applications. With its robust features, including the latest rates, historical data, and various endpoints for conversion and fluctuation tracking, the API empowers developers to create innovative solutions that meet the demands of today's market.

Metals-API will be crucial for staying competitive in the financial technology landscape. For more information on how to get started, visit the Metals-API Website and explore the extensive documentation available.