Extract Salem Gold 18k (SALE-18k) prices via this API
Extract Salem Gold 18k (SALE-18k) Prices via this API
In the rapidly evolving world of precious metals trading, the ability to access real-time data is paramount. The Metals-API offers a robust solution for developers looking to integrate gold pricing and other metal data into their applications. This blog post will delve into the intricacies of the XAU symbol, which represents gold, and explore how the Metals-API functions, its key features, and the transformative potential it holds for developers and traders alike.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth and value. As digital transformation sweeps across industries, the precious metals market is no exception. The integration of technology into trading practices has opened new avenues for data analytics and market insights. With the rise of digital asset solutions, traders can now leverage real-time data to make informed decisions.
Data analytics plays a crucial role in understanding market trends and price movements. By utilizing advanced algorithms and machine learning, traders can predict fluctuations in gold prices, allowing them to optimize their trading strategies. The innovation in price discovery mechanisms has made it easier for investors to access accurate and timely information, thus enhancing their trading experience.
Furthermore, the integration of technology in trading platforms has streamlined processes, enabling faster transactions and improved user experiences. The Metals-API stands at the forefront of this transformation, providing developers with the tools necessary to build next-generation applications that can harness the power of real-time metals data.
API Description
The Metals-API is a powerful tool designed to provide developers with access to real-time and historical data on precious metals. With its innovative capabilities, the API empowers users to create applications that can track market trends, analyze price movements, and convert currencies seamlessly. The API is built with a focus on technological advancement, allowing for the integration of various functionalities that cater to the needs of traders and developers alike.
For those interested in exploring the capabilities of the Metals-API, the Metals-API Documentation provides comprehensive guidance on how to utilize its features effectively. The documentation covers everything from authentication to endpoint usage, ensuring that developers have all the information they need to get started.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints, each designed to serve specific purposes. Here are some of the key features:
Latest Rates Endpoint
Depending on your subscription plan, the Latest Rates Endpoint returns real-time exchange rate data for metals, updated every 60 minutes, every 10 minutes, or even more frequently. This endpoint is crucial for traders who need to stay informed about the latest market conditions.
{
"success": true,
"timestamp": 1768954097,
"base": "USD",
"date": "2026-01-21",
"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 for most currencies dating back to 2019. This is particularly useful for traders looking to analyze past performance and make informed predictions about future price movements.
{
"success": true,
"timestamp": 1768867697,
"base": "USD",
"date": "2026-01-20",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Bid And Ask Endpoint
The Bid And Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for metals. This information is essential for traders looking to execute transactions at the best possible prices.
{
"success": true,
"timestamp": 1768954097,
"base": "USD",
"date": "2026-01-21",
"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
The Convert Endpoint allows users to convert any amount from one currency to another. This feature is particularly useful for traders who deal with multiple currencies and need to quickly assess their positions.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1768954097,
"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 invaluable for traders looking to analyze trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2026-01-14",
"end_date": "2026-01-21",
"base": "USD",
"rates": {
"2026-01-14": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-01-21": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This data is essential for traders looking to understand market volatility.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-14",
"end_date": "2026-01-21",
"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 allows users to query the API for the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on technical analysis to make trading decisions.
{
"success": true,
"timestamp": 1768954097,
"base": "USD",
"date": "2026-01-21",
"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 endpoint is particularly useful for traders dealing with 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. This resource is invaluable for developers looking to understand the various metals available for trading.
Conclusion
The Metals-API is a transformative tool for developers and traders in the precious metals market. By providing real-time data and a variety of endpoints, it empowers users to make informed decisions and optimize their trading strategies. The integration of technology into precious metals trading not only enhances the trading experience but also opens up new possibilities for innovation and data analytics.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation and usage.