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Extract Faridabad Gold 24k (FARI-24k) Historical Prices with this API

Extract Faridabad Gold 24k (FARI-24k) Historical Prices with this API

Extract Faridabad Gold 24k (FARI-24k) Historical Prices with this API

Extract Faridabad Gold 24k (FARI-24k) Historical Prices with this API

In the world of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. For developers and traders interested in extracting historical prices of Faridabad Gold 24k (FARI-24k), the Metals-API offers a robust solution. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices for gold and other metals, while also exploring the broader implications of digital transformation in the precious metals market.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. Its value is influenced by various factors, including market demand, geopolitical stability, and economic indicators. In recent years, the digital transformation of the precious metals market has revolutionized how investors and traders access and analyze gold prices. By leveraging advanced data analytics and technology integration, market participants can gain deeper insights into price movements and trends.

Data analytics plays a pivotal role in understanding market dynamics. With the rise of big data, traders can now analyze historical price data to identify patterns and make predictions about future movements. The Metals-API empowers developers to harness this data, enabling them to build applications that provide real-time insights and facilitate informed trading decisions.

Furthermore, technology integration in trading platforms allows for seamless execution of trades based on real-time data. The Metals-API's innovative approach to price discovery ensures that users have access to the most accurate and up-to-date information, enhancing their trading strategies.

API Description

The Metals-API is a powerful tool designed for developers seeking to access real-time and historical data on precious metals. With a focus on innovation and technological advancement, this API provides a comprehensive suite of features that enable users to build next-generation applications. The API's capabilities include retrieving the latest rates, historical prices, and even fluctuations over time.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can provide updates every 60 minutes or even more frequently. This ensures that traders have access to the most current information, allowing them to make timely decisions in a fast-paced market.

For those interested in historical data, the Metals-API offers a Historical Rates Endpoint that allows users to query prices dating back to 2019. This feature is invaluable for conducting in-depth analyses and understanding long-term trends in gold prices.

To explore the full capabilities of the Metals-API, you can visit the Metals-API Website and access the Metals-API Documentation for detailed information on how to implement these features in your applications.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to cater to specific needs within the precious metals market. Here, we will explore some of the key features and their potential applications:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for various metals, updated based on your subscription plan. For instance, if you are interested in the latest gold price, you can easily retrieve this information to inform your trading decisions.
  • Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve the historical price of gold, allowing for comprehensive analysis and reporting.
  • Bid and Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for metals. Understanding the bid-ask spread is crucial for traders looking to optimize their entry and exit points.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert amounts from one metal to another or to/from USD. This is particularly useful for traders operating in multiple currencies.
  • Time-Series Endpoint: This endpoint allows users to query daily historical rates between two dates of their choice. It is ideal for analyzing trends over specific periods, such as during economic events or market fluctuations.
  • Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders make informed decisions.
  • Carat Endpoint: This feature allows users to retrieve gold rates by carat, which is essential for jewelers and consumers interested in specific gold purity levels.
  • Lowest/Highest Price Endpoint: This endpoint enables users to query the API for the lowest and highest prices of gold over a specified period, giving insights into market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for a specific time period, which is crucial for technical analysis and understanding market trends.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, offering a wealth of data for analysis.
  • API Key: Your unique API key is essential for accessing the Metals-API. It must be included in the API base URL's access_key parameter to authenticate your requests.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The API features multiple endpoints, each providing distinct functionalities tailored to various user needs.
  • Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available currencies, ensuring users have access to the latest symbols.
  • Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local traders.
  • News Endpoint: The Metals-API allows users to access the latest news articles related to various metals, keeping traders informed about market developments.

API Endpoint Examples and Responses

To illustrate the functionality of the Metals-API, here are some examples of API responses for various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1752364862,
    "base": "USD",
    "date": "2025-07-13",
    "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"
}

This response indicates the current exchange rates for various metals, with XAU representing gold. The "unit" field specifies that the rates are per troy ounce, a standard measurement in the precious metals market.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1752278462,
    "base": "USD",
    "date": "2025-07-12",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows a historical rate response, allowing users to analyze past prices for gold and other metals. The "date" field indicates the specific day for which the rates are provided.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-07-06",
    "end_date": "2025-07-13",
    "base": "USD",
    "rates": {
        "2025-07-06": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-07-08": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-07-13": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series response provides daily rates for a specified period, allowing users to visualize trends and fluctuations in gold prices over time.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1752364862,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response demonstrates the conversion functionality, showing how much gold can be obtained for a specified amount in USD. The "result" field indicates the equivalent amount in troy ounces.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-07-06",
    "end_date": "2025-07-13",
    "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"
}

The fluctuation response provides insights into how prices have changed over a specified period, highlighting both absolute and percentage changes for each metal.

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

{
    "success": true,
    "timestamp": 1752364862,
    "base": "USD",
    "date": "2025-07-13",
    "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 endpoint provides essential data for traders, showing the opening, highest, lowest, and closing prices for a specific day, which is critical for technical analysis.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1752364862,
    "base": "USD",
    "date": "2025-07-13",
    "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 the current bid and ask prices, along with the spread, which is essential for traders looking to execute orders efficiently.

Conclusion

In conclusion, the Metals-API offers a comprehensive solution for developers and traders seeking to access historical prices and real-time data for precious metals, including Faridabad Gold 24k (FARI-24k). By leveraging the API's extensive features, users can gain valuable insights into market trends, optimize their trading strategies, and make informed decisions based on accurate data.

The digital transformation of the precious metals market, driven by data analytics and technology integration, has opened up new opportunities for traders and investors alike. With the Metals-API, developers can build innovative applications that harness the power of real-time metals data, enabling them to stay ahead in a competitive landscape.

For more information on how to implement these features, refer to the Metals-API Documentation, explore the Metals-API Supported Symbols, and visit the Metals-API Website for additional resources and support.

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