Fetch Delhi Gold 24k (DELH-24k) Historical Prices utilizing this API
In the ever-evolving landscape of financial markets, the demand for accurate and timely data has never been more critical. For those interested in precious metals, particularly gold, accessing historical prices is essential for making informed trading decisions. This blog post delves into how to fetch Delhi Gold 24k (DELH-24k) historical prices utilizing the Metals-API, a powerful tool that provides real-time and historical data on various metals, including gold.
Understanding Gold (XAU)
Gold, represented by the symbol XAU, is not just a commodity; it is a symbol of wealth and a safe haven for investors during uncertain times. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. With the integration of technology in trading, investors can leverage innovative solutions for price discovery and digital asset management.
As the market for gold evolves, the need for accurate historical data becomes paramount. This is where the Metals-API shines, offering developers the ability to access a wealth of information that can be used to build next-generation applications. By utilizing the Metals-API, developers can tap into real-time metals data, empowering them to create tools that provide insights into market trends, price fluctuations, and investment opportunities.
Metals-API Capabilities
The Metals-API Documentation outlines a robust set of features designed to cater to the needs of developers and traders alike. The API provides various endpoints that allow users to access the latest rates, historical prices, and even perform conversions between different metals and currencies.
Latest Rates Endpoint
The Latest Rates Endpoint is a cornerstone feature of the Metals-API. Depending on your subscription plan, this endpoint returns real-time exchange rate data for metals, updated every 60 minutes or even more frequently. This feature is crucial for traders who require up-to-the-minute information to make quick decisions in a volatile market.
{
"success": true,
"timestamp": 1758247243,
"base": "USD",
"date": "2025-09-19",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
For those looking to analyze trends over time, the Historical Rates Endpoint is invaluable. It allows users to access historical rates for most currencies dating back to 2019. By appending a specific date to the API call, developers can retrieve past prices, enabling them to perform in-depth analyses of market behavior.
{
"success": true,
"timestamp": 1758160843,
"base": "USD",
"date": "2025-09-18",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}Time-Series Endpoint
The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is particularly useful for developers looking to visualize trends over time or conduct statistical analyses on price movements.
{
"success": true,
"timeseries": true,
"start_date": "2025-09-12",
"end_date": "2025-09-19",
"base": "USD",
"rates": {
"2025-09-12": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-09-14": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-09-19": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}Convert Endpoint
The Convert Endpoint is a powerful feature that allows users to convert any amount from one metal to another or to/from USD. This functionality is essential 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": 1758247243,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Fluctuation Endpoint
Using the Fluctuation Endpoint, developers can track rate fluctuations between two dates. This feature provides insights into how prices change over time, which can be crucial for making informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-09-12",
"end_date": "2025-09-19",
"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"
}Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides critical data for traders by offering the open, high, low, and close prices for a specific time period. This information is vital for technical analysis and helps traders identify market trends.
{
"success": true,
"timestamp": 1758247243,
"base": "USD",
"date": "2025-09-19",
"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
The Bid and Ask Endpoint is crucial for traders who want to know the current bid and ask prices for metals. This information helps traders make informed decisions about when to buy or sell.
{
"success": true,
"timestamp": 1758247243,
"base": "USD",
"date": "2025-09-19",
"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"
}Integration Strategies and Use Cases
Integrating the Metals-API into your applications can unlock numerous possibilities. For instance, developers can create dashboards that visualize gold price trends over time, helping investors make data-driven decisions. Additionally, the API can be used to build alert systems that notify users when prices reach certain thresholds, enhancing trading strategies.
Moreover, the API's ability to provide historical data allows for backtesting trading strategies, enabling developers to refine their approaches based on past performance. By leveraging the comprehensive data available through the Metals-API, traders can gain a competitive edge in the market.
Performance Optimization and Security Considerations
When utilizing the Metals-API, it's essential to consider performance optimization strategies. Caching frequently accessed data can significantly reduce response times and improve user experience. Additionally, implementing rate limiting and quota management ensures that your application remains responsive even during peak usage times.
Security is another critical aspect when working with APIs. Always ensure that your API key is kept confidential and not exposed in client-side code. Use secure connections (HTTPS) to protect data in transit, and consider implementing additional layers of security, such as IP whitelisting or OAuth for authentication.
Conclusion
In conclusion, the Metals-API provides a comprehensive solution for accessing historical prices of gold and other precious metals. By leveraging its various endpoints, developers can create powerful applications that offer real-time insights and historical data analysis. The integration of technology in precious metals trading not only enhances market transparency but also empowers investors with the tools they need to navigate the complexities of the market.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation. Additionally, check out the Metals-API Supported Symbols to familiarize yourself with the various metals available for trading.