Fetch Gurgaon Gold 22k (GURG-22k) Historical Prices through this API

Introduction

In the ever-evolving landscape of precious metals trading, the ability to access historical prices is crucial for informed decision-making. For developers and traders alike, the Metals-API offers a powerful solution to fetch historical prices for various metals, including Gold (XAU). This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices for Gurgaon Gold 22k (GURG-22k) and explore the broader implications of digital transformation in precious metals trading.

Metals-API Information

About Gold (XAU)

Gold has long been a symbol of wealth and stability, and its significance in the financial markets cannot be overstated. With the rise of digital transformation, the trading of precious metals like gold is undergoing a profound change. The integration of technology in trading platforms allows for real-time data analytics, providing traders with market insights that were previously unattainable.

Data analytics plays a pivotal role in understanding market trends and making informed decisions. By leveraging advanced algorithms and machine learning, traders can analyze historical price movements and predict future trends. This innovation in price discovery is essential for maximizing returns and minimizing risks in the volatile world of precious metals.

Furthermore, the emergence of digital asset solutions has transformed how investors approach gold trading. With the ability to trade gold as a digital asset, investors can enjoy greater liquidity and accessibility. This shift not only democratizes access to precious metals but also enhances the overall trading experience.

API Description

The Metals-API is a robust tool designed to empower developers to build next-generation applications that require real-time metals data. With its comprehensive suite of features, the API enables users to access a wealth of information about various metals, including historical prices, current rates, and market fluctuations.

One of the standout features of the Metals-API is its ability to provide historical rates dating back to 2019. This capability is invaluable for developers looking to create applications that require historical data analysis. By appending a specific date to the API request, users can retrieve accurate historical prices for Gold and other metals.

For more information on how to utilize the API, visit the Metals-API Documentation. Here, you will find detailed instructions on how to implement various features and endpoints effectively.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints that cater to different needs within the precious metals trading ecosystem. Below, we explore some of the key features and their potential applications:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, updated at intervals depending on your subscription plan. This feature is essential for traders who require up-to-the-minute information to make timely decisions. For instance, if you are trading Gold, you can access the latest rates to determine the best time to buy or sell.

{
    "success": true,
    "timestamp": 1746424818,
    "base": "USD",
    "date": "2025-05-05",
    "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 any date since 1999. This feature is particularly useful for developers creating applications that analyze price trends over time. By querying the API with a specific date, you can retrieve historical prices for Gold and other metals, enabling comprehensive market analysis.

{
    "success": true,
    "timestamp": 1746338418,
    "base": "USD",
    "date": "2025-05-04",
    "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 users 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. Understanding the bid-ask spread can help traders make more informed decisions about their trades.

{
    "success": true,
    "timestamp": 1746424818,
    "base": "USD",
    "date": "2025-05-05",
    "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 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. By providing a straightforward conversion mechanism, the API enhances the user experience and facilitates smoother trading operations.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1746424818,
        "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 feature is invaluable for developers looking to analyze trends over specific periods. By retrieving time-series data, users can create visualizations and reports that highlight price movements and market trends.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-28",
    "end_date": "2025-05-05",
    "base": "USD",
    "rates": {
        "2025-04-28": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-05-05": {
            "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 feature is essential for traders who want to understand market volatility and make informed decisions based on price changes over time.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-28",
    "end_date": "2025-05-05",
    "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 Open/High/Low/Close (OHLC) Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is crucial for technical analysis, enabling traders to assess market trends and make predictions based on historical performance.

{
    "success": true,
    "timestamp": 1746424818,
    "base": "USD",
    "date": "2025-05-05",
    "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 developers working with industrial metals and seeking to analyze long-term trends in the market.

{
    "success": true,
    "timestamp": 1746338418,
    "base": "USD",
    "date": "2025-05-04",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825
    },
    "unit": "per troy ounce"
}

API Key and Authentication

To access the Metals-API, users must obtain an API key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the API's features.

API Response

The Metals-API delivers exchange rates relative to USD by default. All data returned by the API is structured in a JSON format, making it easy for developers to parse and utilize the information in their applications. Understanding the structure of the API response is crucial for effective integration and data handling.

Performance Optimization and Security Considerations

When integrating the Metals-API into your applications, it is essential to consider performance optimization strategies. Implementing caching mechanisms can significantly reduce the number of API calls and improve response times. Additionally, developers should adhere to security best practices, such as validating API responses and implementing rate limiting to prevent abuse.

Conclusion

The Metals-API is a transformative tool for developers and traders in the precious metals market. By providing access to historical prices, real-time rates, and a wealth of other features, the API empowers users to make informed decisions and optimize their trading strategies. As the digital landscape continues to evolve, the integration of technology in precious metals trading will only become more critical.

For those looking to explore the capabilities of the Metals-API further, visit the Metals-API Website for additional resources and information. To view the complete list of supported symbols, check out the Metals-API Supported Symbols. With the right tools and insights, traders can navigate the complexities of the precious metals market with confidence.