Discover how to get Hyderabad Gold 24k (HYDE-24k) prices with this API
Discover how to get Hyderabad Gold 24k (HYDE-24k) prices with this API
In the rapidly evolving world of precious metals trading, having access to real-time data is crucial for making informed decisions. The Metals-API provides a robust solution for developers looking to integrate gold pricing, including Hyderabad Gold 24k (HYDE-24k), into their applications. This blog post will explore the capabilities of the Metals-API, focusing on its innovative features, endpoints, and how it can transform the way you access and analyze gold prices.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, is one of the most sought-after precious metals in the world. Its value is influenced by various factors, including market demand, geopolitical stability, and economic conditions. The digital transformation in precious metals trading has led to the integration of advanced data analytics and market insights, allowing traders to make more informed decisions. The Metals-API plays a pivotal role in this transformation by providing real-time data and innovative solutions for price discovery.
With the rise of technology in trading, the Metals-API empowers developers to create applications that leverage real-time metals data. This API not only provides current prices but also historical data, allowing for comprehensive analysis and forecasting. The integration of digital asset solutions has made it easier for traders to access the information they need, when they need it.
API Description
The Metals-API is designed to provide developers with the tools necessary to build next-generation applications that require real-time access to metals pricing data. By utilizing this API, developers can create applications that offer users the ability to track gold prices, convert currencies, and analyze market trends with ease.
One of the key features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return the latest rates updated every 60 minutes or even every 10 minutes. This ensures that users have access to the most current information available, which is essential for making timely trading decisions.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the most significant features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for various metals, including gold. This endpoint is crucial for traders who need up-to-the-minute pricing information to make informed decisions. For example, a typical response from this endpoint might look like this:
{
"success": true,
"timestamp": 1770682313,
"base": "USD",
"date": "2026-02-10",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
The Historical Rates Endpoint allows users to access historical exchange rates dating back to 2019. This feature is particularly useful for analyzing trends over time. A sample response might look like this:
{
"success": true,
"timestamp": 1770595913,
"base": "USD",
"date": "2026-02-09",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Bid And Ask Endpoint
The Bid and Ask Endpoint provides real-time bid and ask prices for metals. This is essential for traders looking to execute trades at the best possible prices. A typical response might look like this:
{
"success": true,
"timestamp": 1770682313,
"base": "USD",
"date": "2026-02-10",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders who deal in multiple currencies. An example response might be:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1770682313,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This is useful for analyzing price movements over specific periods. A sample response might look like this:
{
"success": true,
"timeseries": true,
"start_date": "2026-02-03",
"end_date": "2026-02-10",
"base": "USD",
"rates": {
"2026-02-03": {
"XAU": 0.000485
},
"2026-02-10": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This is essential for traders looking to understand market volatility. A typical response might look like this:
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-03",
"end_date": "2026-02-10",
"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
The OHLC Price Endpoint provides open, high, low, and close prices for a specific time period. This data is crucial for technical analysis. An example response might look like this:
{
"success": true,
"timestamp": 1770682313,
"base": "USD",
"date": "2026-02-10",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This is particularly useful for traders focused on industrial metals.
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.
Conclusion
The Metals-API is a powerful tool for developers looking to integrate real-time precious metals data into their applications. With its extensive range of endpoints, including the Latest Rates, Historical Rates, and Conversion capabilities, the API provides everything needed to make informed trading decisions. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance the trading experience for users.
For more information on how to implement this API, check out the Metals-API Documentation. You can also explore the Metals-API Website for additional resources and support.