Fetch Chennai Gold 24k (CHEN-24k) prices in real-time with this API

Introduction

In today's fast-paced financial landscape, the ability to fetch real-time data is crucial for traders and investors. This is especially true in the precious metals market, where fluctuations can significantly impact investment strategies. The Metals-API provides a powerful solution for accessing real-time prices of various metals, including Gold (XAU). This blog post will explore the capabilities of the Metals-API, its innovative features, and how developers can leverage this technology to build next-generation applications.

About Gold (XAU)

Gold has long been regarded as a safe haven asset, especially during times of economic uncertainty. Its value is influenced by various factors, including market demand, geopolitical events, and currency fluctuations. The digital transformation in the precious metals market has opened up new avenues for data analytics and market insights. By integrating technology into trading, investors can make more informed decisions based on real-time data.

The Metals-API plays a pivotal role in this transformation by providing developers with access to comprehensive data analytics tools. With the ability to retrieve real-time and historical data, traders can analyze trends, monitor price movements, and optimize their trading strategies. The API's innovative approach to price discovery allows users to stay ahead of market changes, making it an essential tool for anyone involved in precious metals trading.

API Description

The Metals-API is designed to empower developers with real-time metals data. Its capabilities extend beyond simple price retrieval; it offers a suite of features that can be integrated into various applications. Whether you are building a trading platform, a financial analysis tool, or a market news aggregator, the Metals-API provides the necessary data to enhance your application's functionality.

One of the key advantages of the Metals-API is its ability to deliver real-time data updates. Depending on your subscription plan, you can receive updates every 60 seconds, 10 minutes, or even more frequently. This ensures that you have the most current information at your fingertips, allowing for timely decision-making.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to cater to specific needs within the metals trading ecosystem. Here are some of the most notable features:

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data for various metals, including Gold (XAU). Depending on your subscription plan, you can access this data updated at intervals that suit your trading strategy. For example, if you are a day trader, having access to minute-by-minute updates can be invaluable.

{
"success": true,
"timestamp": 1765594814,
"base": "USD",
"date": "2025-12-13",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is essential for analyzing market trends over time. The Historical Rates endpoint allows you to retrieve data dating back to 2019. This feature is particularly useful for backtesting trading strategies or conducting market research.

{
"success": true,
"timestamp": 1765508414,
"base": "USD",
"date": "2025-12-12",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask endpoint is a powerful feature that enables you to retrieve real-time bid and ask prices for metals. This information is crucial for traders looking to execute orders at the best possible prices.

{
"success": true,
"timestamp": 1765594814,
"base": "USD",
"date": "2025-12-13",
"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 you 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.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765594814,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series endpoint allows you to query the API for daily historical rates between two dates of your choice. This feature is invaluable for traders looking to analyze price movements over specific periods.

{
"success": true,
"timeseries": true,
"start_date": "2025-12-06",
"end_date": "2025-12-13",
"base": "USD",
"rates": {
"2025-12-06": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-08": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-12-13": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation endpoint provides insights into how currencies fluctuate on a day-to-day basis. This information can help traders identify patterns and make informed decisions based on historical volatility.

{
"success": true,
"fluctuation": true,
"start_date": "2025-12-06",
"end_date": "2025-12-13",
"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 provides essential data for traders looking to analyze market trends. By retrieving the open, high, low, and close prices for a specific time period, traders can gain insights into market behavior.

{
"success": true,
"timestamp": 1765594814,
"base": "USD",
"date": "2025-12-13",
"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 interested in the London Metal Exchange market.

API Key and Authentication

To access the Metals-API, you will need an API key, which is passed into the API base URL's access_key parameter. This key is essential for authenticating your requests and ensuring secure access to the data.

API Response Structure

The API responses are structured in a way that makes it easy to parse and utilize the data. By default, exchange rates are relative to USD, and all data is returned in a consistent format. Understanding the response fields is crucial for effective data handling.

Performance Optimization and Security Best Practices

When integrating the Metals-API into your applications, consider implementing caching strategies to reduce the number of API calls and improve performance. Additionally, ensure that you handle errors gracefully and implement rate limiting to avoid exceeding your quota.

Conclusion

The Metals-API is a transformative tool for developers looking to access real-time data in the precious metals market. With its extensive range of features, including real-time rates, historical data, and advanced analytics, it empowers traders to make informed decisions based on accurate information. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance trading strategies and provide valuable insights into market trends.

For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. The Metals-API Website is also a great resource for understanding the full potential of this powerful API.