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Fetch Kolkata Gold 24k (KOLK-24k) Historical Prices using this API

Fetch Kolkata Gold 24k (KOLK-24k) Historical Prices using this API

Fetch Kolkata Gold 24k (KOLK-24k) Historical Prices using this API

Fetch Kolkata Gold 24k (KOLK-24k) Historical Prices using this API

In the ever-evolving landscape of precious metals trading, the ability to access real-time and historical data is paramount for developers and traders alike. One of the most powerful tools available for this purpose is the Metals-API. This API provides comprehensive access to gold prices, including the Kolkata Gold 24k (KOLK-24k), allowing users to fetch historical prices and gain insights into market trends. In this blog post, we will explore the capabilities of the Metals-API, focusing on how to retrieve historical prices for gold and other precious metals, while also delving into the broader implications of digital transformation in the precious metals market.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. Its allure transcends cultures and centuries, making it a universal standard for value. In recent years, the digital transformation of precious metals trading has revolutionized how investors and traders interact with gold. The integration of technology into trading platforms has enabled real-time data analytics, providing market insights that were previously unattainable.

Data analytics plays a crucial role in understanding market trends and making informed decisions. With the Metals-API, developers can harness the power of data to create applications that analyze historical price movements, track fluctuations, and predict future trends. This level of insight is essential for traders looking to optimize their strategies and maximize returns.

Furthermore, the innovation in price discovery facilitated by APIs like Metals-API allows for a more transparent and efficient trading environment. By providing real-time access to market data, traders can make decisions based on the most current information available, reducing the risks associated with delayed data.

API Description

The Metals-API is a robust platform that empowers developers to build next-generation applications focused on precious metals trading. With its extensive capabilities, the API provides access to real-time and historical data for various metals, including gold, silver, platinum, and palladium. The API's design emphasizes innovation and technological advancement, making it an essential tool for anyone involved in the precious metals market.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API's latest rates endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This ensures that users have access to the most current market information, which is critical for making timely trading decisions.

In addition to real-time data, the Metals-API offers a historical rates endpoint that allows users to query historical prices dating back to 2019. This feature is particularly useful for analyzing trends over time and understanding how external factors influence gold prices. By appending a specific date to the API request, users can retrieve historical rates for any given day.

The API also includes a bid and ask endpoint, which provides real-time bid and ask prices for metals. This feature is invaluable for traders looking to execute orders at the best possible prices. The convert endpoint allows users to convert amounts from one metal to another or to/from USD, facilitating seamless transactions across different currencies.

For those interested in tracking price movements over time, the time-series endpoint allows users to query daily historical rates between two dates of their choice. This functionality is essential for conducting thorough analyses and understanding market dynamics. Additionally, the fluctuation endpoint provides insights into how prices change on a day-to-day basis, helping traders identify patterns and make informed decisions.

The Metals-API also offers a carat endpoint, which allows users to retrieve gold rates by carat. This feature is particularly useful for jewelers and consumers looking to understand the value of gold in different forms. Furthermore, the lowest/highest price endpoint enables users to query the API for the lowest and highest prices within a specified timeframe, providing a comprehensive view of market performance.

For those interested in open, high, low, and close (OHLC) data, the Metals-API provides an endpoint that allows users to retrieve this information for specific time periods. This data is crucial for technical analysis and helps traders identify potential entry and exit points in the market.

To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key ensures secure access to the API's features and protects user data. The API response delivers exchange rates relative to USD by default, and all data is returned in a structured JSON format, making it easy to integrate into applications.

Key Features and Endpoints

The Metals-API offers a wide range of endpoints, each providing unique functionalities that cater to different trading needs. Here are some of the key features:

  • Latest Rates Endpoint: Retrieve real-time exchange rates for all available metals. This endpoint is crucial for traders who need up-to-the-minute information to make informed decisions.
  • Historical Rates Endpoint: Access historical exchange rates for any date since 2019. This feature is essential for analyzing trends and understanding market behavior over time.
  • Bid And Ask Endpoint: Get real-time bid and ask prices for metals, allowing traders to execute orders at optimal prices.
  • Convert Endpoint: Convert any amount from one metal to another or to/from USD, facilitating seamless transactions across different currencies.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates, enabling thorough analyses of market trends.
  • Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis, helping traders identify patterns.
  • Carat Endpoint: Get gold rates by carat, useful for jewelers and consumers.
  • Lowest/Highest Price Endpoint: Query the API for the lowest and highest prices within a specified timeframe.
  • Open/High/Low/Close (OHLC) Price Endpoint: Retrieve OHLC data for specific time periods, essential for technical analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing insights into long-term trends.
  • News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, let's explore some example responses for various endpoints. These examples will provide insight into the structure of the data returned and how it can be utilized.

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1748070074,
    "base": "USD",
    "date": "2025-05-24",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744,
        "XCU": 0.294118,
        "XAL": 0.434783,
        "XNI": 0.142857,
        "XZN": 0.344828
    },
    "unit": "per troy ounce"
}

The response above shows the latest exchange rates for various metals, with XAU (gold) priced at 0.000482 per troy ounce. This data can be used to inform trading decisions and assess market conditions.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1747983674,
    "base": "USD",
    "date": "2025-05-23",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example demonstrates how to access historical rates for a specific date. The data returned includes the price of gold (XAU) on May 23, 2025, allowing users to analyze past performance.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-17",
    "end_date": "2025-05-24",
    "base": "USD",
    "rates": {
        "2025-05-17": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-19": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-24": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series endpoint allows users to retrieve exchange rates for a specific period. In this example, the rates for gold over a week are shown, providing valuable insights into price trends.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1748070074,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The convert endpoint demonstrates how users can convert amounts between different metals or currencies. In this case, $1000 is converted to 0.482 troy ounces of gold (XAU).

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-17",
    "end_date": "2025-05-24",
    "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"
}

This example illustrates how the fluctuation endpoint tracks rate changes over a specified period. Understanding these fluctuations is crucial for traders looking to capitalize on market movements.

OHLC (Open/High/Low/Close) Price Endpoint

{
    "success": true,
    "timestamp": 1748070074,
    "base": "USD",
    "date": "2025-05-24",
    "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"
}

The OHLC endpoint provides essential data for traders conducting technical analysis. By analyzing the open, high, low, and close prices, traders can identify trends and make informed decisions.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1748070074,
    "base": "USD",
    "date": "2025-05-24",
    "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"
}

The bid/ask endpoint provides real-time bid and ask prices, allowing traders to execute orders at the best possible prices. Understanding the spread between bid and ask prices is crucial for optimizing trading strategies.

Conclusion

The Metals-API is an invaluable resource for developers and traders seeking to access real-time and historical data for precious metals, including Kolkata Gold 24k (KOLK-24k). By leveraging the API's extensive capabilities, users can gain insights into market trends, track fluctuations, and make informed trading decisions. The integration of technology into precious metals trading has transformed the landscape, enabling data-driven strategies and enhancing transparency.

As the market continues to evolve, the importance of real-time data and analytics will only grow. The Metals-API stands at the forefront of this transformation, empowering users to build innovative applications that harness the power of precious metals data. For more information on how to get started, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals.

In conclusion, whether you are a seasoned trader or a developer looking to create applications in the precious metals space, the Metals-API provides the tools and data necessary to succeed in this dynamic market.

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