Get Accurate GURG-22k Historical Prices with Metals-API for Reporting

In today's rapidly evolving digital landscape, the demand for accurate and timely data is paramount, especially in the metal markets. For developers and businesses looking to obtain precise historical prices for metals like Gold (XAU), the Metals-API offers a robust solution. This blog post will delve into the capabilities of Metals-API, focusing on how to retrieve accurate GURG-22k historical prices and the transformative potential of real-time metals data.

Understanding Metals-API

The Metals-API is a powerful tool designed for developers who require access to real-time and historical data on various metals. It provides a comprehensive suite of endpoints that allow users to retrieve exchange rates, historical prices, and other valuable insights. With the integration of smart technology and data analytics, Metals-API empowers developers to build next-generation applications that can analyze market trends, optimize trading strategies, and enhance reporting capabilities.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of the global economy. Its value is influenced by various factors, including market demand, geopolitical stability, and economic indicators. As digital transformation continues to reshape the metal markets, the integration of technological innovations such as data analytics and smart technology is becoming increasingly vital. Developers can leverage the Metals-API to gain insights into historical price trends, enabling them to make informed decisions based on comprehensive data analysis.

API Capabilities and Features

The Metals-API offers a variety of endpoints that cater to different data retrieval needs. Each endpoint is designed with specific functionalities that can be utilized in various applications. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, updated at intervals depending on the subscription plan. This endpoint is crucial for applications that require up-to-the-minute pricing information. For example, a developer can query the latest rates for Gold (XAU) to ensure their trading platform reflects the most current market conditions.

{
    "success": true,
    "timestamp": 1742602136,
    "base": "USD",
    "date": "2025-03-22",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

For developers needing historical data, the Historical Rates Endpoint allows access to exchange rates dating back to 2019. By appending a specific date to the API call, users can retrieve historical prices for analysis and reporting. This feature is particularly useful for financial analysts and traders who need to assess past market performance.

{
    "success": true,
    "timestamp": 1742515736,
    "base": "USD",
    "date": "2025-03-21",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

The Time-Series Endpoint enables users to query daily historical rates between two specified dates. This feature is invaluable for developers looking to analyze trends over time, allowing for a deeper understanding of market fluctuations and price movements.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-15",
    "end_date": "2025-03-22",
    "base": "USD",
    "rates": {
        "2025-03-15": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-17": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-03-22": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert amounts from one metal to another or to/from USD. This functionality is essential for applications that require currency conversion for trading or reporting purposes.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1742602136,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how metal prices fluctuate over a specified period. By tracking rate changes between two dates, developers can analyze market volatility and make informed trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-15",
    "end_date": "2025-03-22",
    "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 open, high, low, and close prices for a specific time period. This data is critical for traders who rely on technical analysis to make trading decisions.

{
    "success": true,
    "timestamp": 1742602136,
    "base": "USD",
    "date": "2025-03-22",
    "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/Ask Endpoint provides current bid and ask prices for metals, allowing traders to gauge market conditions and make informed decisions based on real-time data.

{
    "success": true,
    "timestamp": 1742602136,
    "base": "USD",
    "date": "2025-03-22",
    "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"
}

Authentication and API Key

To access the Metals-API, developers must obtain an API key. This unique key is passed into the API base URL's access_key parameter, ensuring secure access to the data. Proper management of the API key is crucial for maintaining security and preventing unauthorized access.

Performance Optimization and Security Considerations

When integrating the Metals-API into applications, developers should consider performance optimization strategies such as caching frequently accessed data and implementing efficient error handling mechanisms. Additionally, adhering to security best practices, including data validation and sanitization, is essential to protect against potential vulnerabilities.

Common Use Cases

The Metals-API can be utilized in various applications, including:

Trading Platforms: Integrating real-time and historical data to enhance trading strategies.
Financial Reporting: Generating reports based on historical price trends for analysis.
Market Analysis Tools: Providing insights into market fluctuations and trends for investors.

Conclusion

In conclusion, the Metals-API is an invaluable resource for developers seeking accurate historical prices and real-time data for metals like Gold (XAU). With its comprehensive suite of endpoints, the API empowers users to build sophisticated applications that leverage data analytics and insights. By understanding the capabilities of the Metals-API and implementing best practices, developers can create innovative solutions that meet the demands of the evolving metal markets. For more information, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.

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Documentation

API Endpoints

Knowledge Base