Fetch Chennai Gold 22k (CHEN-22k) market prices with this API

Fetch Chennai Gold 22k (CHEN-22k) Market Prices with this API

In the ever-evolving landscape of precious metals trading, the ability to access real-time data is paramount. For developers and traders alike, having a reliable source of market prices is essential for making informed decisions. This blog post delves into the XAU symbol, representing gold, and explores how the Metals-API can be utilized to fetch the latest market prices, including the Chennai Gold 22k (CHEN-22k) rates. We will discuss the innovative features of the Metals-API, its capabilities, and how it empowers developers to create next-generation applications in the precious metals market.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As digital transformation sweeps through the financial sector, the trading of precious metals is no exception. The integration of data analytics and market insights is reshaping how traders interact with gold and other metals. With the rise of technology in trading, the demand for real-time data has surged, leading to innovations in price discovery and digital asset solutions.

Gold's status as a safe-haven asset makes it a focal point for investors, especially during times of economic uncertainty. The ability to access accurate and timely market data is crucial for traders looking to capitalize on price movements. The Metals-API provides a robust solution for accessing gold prices, enabling developers to build applications that deliver real-time insights and analytics.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time and historical data on precious metals. This API is particularly valuable for those looking to integrate metals pricing into their applications, whether for trading platforms, financial analysis tools, or investment tracking systems. The API's capabilities include fetching the latest rates, historical data, and even bid/ask prices, all of which are essential for making informed trading decisions.

One of the standout features of the Metals-API is its ability to deliver real-time data updates. Depending on your subscription plan, the API can return the latest exchange rate data every 60 minutes, every 10 minutes, or even more frequently. This flexibility allows developers to tailor their applications to meet the specific needs of their users.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to serve different purposes. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data for various metals, including gold, silver, platinum, and palladium. This endpoint is crucial for traders who need to stay updated on market fluctuations. The response includes the latest rates relative to USD, allowing for easy conversion and analysis.

{
        "success": true,
        "timestamp": 1760749229,
        "base": "USD",
        "date": "2025-10-18",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Accessing historical rates is vital for traders looking to analyze past market trends. The Historical Rates endpoint allows users to retrieve data dating back to 2019. By appending a specific date to the API request, developers can obtain historical rates for any metal, enabling comprehensive market analysis.

{
        "success": true,
        "timestamp": 1760662829,
        "base": "USD",
        "date": "2025-10-17",
        "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 provides real-time bid and ask prices for metals. This information is crucial for traders looking to execute trades at the best possible prices. The response includes the current bid and ask rates, along with the spread, which is essential for understanding market liquidity.

{
        "success": true,
        "timestamp": 1760749229,
        "base": "USD",
        "date": "2025-10-18",
        "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 feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies. The API response provides the conversion rate and the resulting amount, making it easy to integrate into trading applications.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAU",
            "amount": 1000
        },
        "info": {
            "timestamp": 1760749229,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is invaluable for conducting trend analysis and forecasting future price movements based on historical data.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-10-11",
        "end_date": "2025-10-18",
        "base": "USD",
        "rates": {
            "2025-10-11": {
                "XAU": 0.000485
            },
            "2025-10-18": {
                "XAU": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

The Fluctuation endpoint provides insights into how metal prices fluctuate on a day-to-day basis. This information is crucial for traders looking to understand market volatility and make informed trading decisions.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-10-11",
        "end_date": "2025-10-18",
        "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 endpoint allows users to retrieve open, high, low, and close prices for a specific time period. This data is essential for traders conducting technical analysis and developing trading strategies based on price movements.

{
        "success": true,
        "timestamp": 1760749229,
        "base": "USD",
        "date": "2025-10-18",
        "rates": {
            "XAU": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

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 integrate various metals into their applications.

API Key and Authentication

To access the Metals-API, developers must obtain an API key, which is passed into the API base URL's access_key parameter. This key is essential for authenticating requests and ensuring secure access to the API's features. Proper management of the API key is crucial for maintaining security and preventing unauthorized access.

API Response Structure

The API responses are structured to provide clear and concise information. By default, exchange rates are relative to USD, and all data is returned in a standardized format. Understanding the response fields is essential for developers to effectively utilize the API in their applications.

Common Use Cases

Developers can leverage the Metals-API for various applications, including:

Building trading platforms that require real-time pricing data.
Creating financial analysis tools that utilize historical data for trend analysis.
Integrating currency conversion features into investment tracking applications.
Developing market analysis tools that provide insights into price fluctuations and trends.

Conclusion

The Metals-API is a transformative tool for developers looking to access real-time and historical data on precious metals, including gold. With its robust features, including the Latest Rates, Historical Rates, and Bid/Ask endpoints, the API empowers developers to build innovative applications that meet the needs of traders and investors. By integrating this API, developers can provide their users with the insights necessary to navigate the complexities of the precious metals market.

For more information on how to implement these features, refer to the Metals-API Documentation. This resource provides detailed guidance on using the API effectively, including endpoint descriptions, response structures, and best practices for integration.

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Fetch Chennai Gold 22k (CHEN-22k) market prices with this API