Get Accurate Chennai Gold 18k (CHEN-18k) Historical Prices with this API
Get Accurate Chennai Gold 18k (CHEN-18k) Historical Prices with this API
In the ever-evolving landscape of precious metals trading, having access to accurate and real-time data is crucial for making informed decisions. For developers and traders interested in the gold market, particularly the Chennai Gold 18k (CHEN-18k), the Metals-API offers a comprehensive solution for retrieving historical prices and other essential data. This blog post will delve into the capabilities of the Metals-API, focusing on how to effectively obtain historical prices for gold and other metals, while also exploring 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 is not just in its physical properties but also in its role as a hedge against inflation and economic uncertainty. As the world shifts towards digital transformation, the gold market is also experiencing significant changes. The integration of data analytics and technology into trading practices is revolutionizing how investors approach gold trading.
With the advent of real-time data solutions like the Metals-API, traders can now access market insights that were previously difficult to obtain. This API empowers developers to create applications that leverage real-time data for price discovery, allowing for more informed trading decisions. The innovation in digital asset solutions is paving the way for a new era in precious metals trading, where technology plays a pivotal role in market dynamics.
Metals-API Overview
The Metals-API is a powerful tool designed for developers seeking to integrate metals pricing data into their applications. It provides a wide range of endpoints that deliver real-time and historical data for various metals, including gold, silver, platinum, and palladium. The API's capabilities extend beyond simple price retrieval; it includes features that allow for detailed analysis and conversion of metals data.
One of the standout features of the Metals-API is its ability to provide historical rates dating back to 2019. This is particularly useful for traders looking to analyze trends over time. By appending a specific date to the API request, users can retrieve historical prices for gold and other metals, enabling them to make data-driven decisions based on past performance.
Key Features and Endpoints
The Metals-API offers a variety of endpoints, each designed to serve specific needs within the metals trading community. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes, ensuring that traders have the most current information available.
- Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a date to the API request, developers can retrieve past prices, which is essential for trend analysis and forecasting.
- Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for metals, providing insight into market liquidity and pricing dynamics.
- Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts from one metal to another or to/from USD. This is particularly useful for traders dealing with multiple currencies.
- Time-Series Endpoint: This endpoint allows users to query daily historical rates between two dates of their choice, facilitating in-depth analysis of price movements over time.
- Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
- Carat Endpoint: This feature allows users to retrieve gold rates by carat, which is essential for jewelers and traders dealing in different purities of gold.
- Lowest/Highest Price Endpoint: This endpoint enables users to query the API for the lowest and highest prices of metals over a specified period, which is crucial for understanding market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for specific time periods, providing a comprehensive view of price movements.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, which is invaluable for traders focused on industrial metals.
- News Endpoint: The API also includes a news feature that retrieves the latest articles related to various metals, keeping traders informed about market developments.
API Endpoint Examples and Responses
Understanding the structure of API responses is crucial for effective integration. Below are examples of JSON responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1763874052,
"base": "USD",
"date": "2025-11-23",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
{
"success": true,
"timestamp": 1763787652,
"base": "USD",
"date": "2025-11-22",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-11-16",
"end_date": "2025-11-23",
"base": "USD",
"rates": {
"2025-11-16": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-18": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-23": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1763874052,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-16",
"end_date": "2025-11-23",
"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"
}
OHLC (Open/High/Low/Close) Endpoint
{
"success": true,
"timestamp": 1763874052,
"base": "USD",
"date": "2025-11-23",
"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
{
"success": true,
"timestamp": 1763874052,
"base": "USD",
"date": "2025-11-23",
"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"
}
Conclusion
In conclusion, the Metals-API provides a robust framework for accessing historical prices and real-time data for gold and other precious metals. For developers looking to integrate this data into their applications, the API offers a wealth of features that can enhance trading strategies and market analysis. By leveraging the capabilities of the Metals-API, traders can stay ahead of market trends and make informed decisions based on accurate data.
As the precious metals market continues to evolve, embracing technology and data analytics will be essential for success. The Metals-API stands out as a transformative tool in this landscape, enabling developers to build next-generation applications that harness the power of real-time metals data. For more information, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.
For a complete list of supported symbols, refer to the Metals-API Supported Symbols page. By utilizing these resources, developers can unlock the full potential of the Metals-API and drive innovation in the precious metals trading space.