Explore Chennai Gold (XAU-CHEN) prices using this API
Explore Chennai Gold (XAU-CHEN) Prices Using This API
In the ever-evolving landscape of precious metals trading, understanding the dynamics of gold prices, particularly in Chennai, is crucial for investors and traders alike. The Metals-API provides a robust platform for accessing real-time data on gold (XAU) prices, enabling developers to build innovative applications that can transform how we interact with precious metals markets. This blog post delves into the intricacies of gold trading, the capabilities of the Metals-API, and how it can empower developers to harness the power of data analytics and technology integration in trading.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. In recent years, the digital transformation in precious metals has opened new avenues for traders and investors. The integration of technology in trading has led to innovative solutions for price discovery and data analytics, allowing for more informed decision-making.
As the demand for digital asset solutions grows, understanding the market dynamics of gold becomes increasingly important. The Metals-API offers a comprehensive suite of tools that provide real-time insights into gold prices, enabling users to track fluctuations, analyze trends, and make data-driven decisions.
API Description
The Metals-API is a powerful tool designed for developers looking to integrate real-time metals data into their applications. With its advanced capabilities, the API empowers users to access a wealth of information about precious metals, including gold, silver, platinum, and palladium. By leveraging the API, developers can create next-generation applications that provide users with up-to-the-minute market insights.
For more information on the API's capabilities, visit the Metals-API Website or check out the Metals-API Documentation.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs within the precious metals market. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for gold and other metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or every 10 minutes, ensuring you have the latest information at your fingertips.
- Historical Rates Endpoint: Access historical rates for gold dating back to 2019. By appending a specific date to your query, you can retrieve past rates, allowing for comprehensive market analysis.
- Bid And Ask Endpoint: This feature enables you to retrieve real-time bid and ask prices for gold, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The conversion endpoint allows you to convert any amount from one metal to another or to/from USD, facilitating seamless transactions and calculations.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling detailed trend analysis over time.
- Fluctuation Endpoint: Track how gold prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
- Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers looking to understand the value of gold jewelry.
- Lowest/Highest Price Endpoint: Query the API to find the lowest and highest prices for gold over a specified period, helping you identify market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for gold, which is essential for technical analysis and trading strategies.
- 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 essential for accessing the API, ensuring secure and authorized usage.
- API Response: The API delivers exchange rates relative to USD, with all data returned in a structured format for easy integration.
- Available Endpoints: The Metals-API includes 14 different endpoints, each providing unique functionalities tailored to various market needs.
- Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals supported by the API.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
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.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective integration. Below are examples of various endpoints and their JSON responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1771200688,
"base": "USD",
"date": "2026-02-16",
"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": 1771114288,
"base": "USD",
"date": "2026-02-15",
"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": "2026-02-09",
"end_date": "2026-02-16",
"base": "USD",
"rates": {
"2026-02-09": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-11": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-16": {
"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": 1771200688,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-09",
"end_date": "2026-02-16",
"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": 1771200688,
"base": "USD",
"date": "2026-02-16",
"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": 1771200688,
"base": "USD",
"date": "2026-02-16",
"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
The Metals-API is an invaluable resource for developers looking to integrate real-time gold pricing data into their applications. By leveraging its extensive features, including the latest rates, historical data, and conversion capabilities, users can gain a comprehensive understanding of the gold market. The API not only facilitates seamless access to critical data but also empowers developers to create innovative solutions that enhance trading strategies and market analysis.
For further exploration of the API's capabilities, be sure to check out the Metals-API Documentation and the Metals-API Supported Symbols page. By harnessing the power of real-time data, you can stay ahead in the dynamic world of precious metals trading.