Get Accurate Indore Gold 24k (INDO-24k) Prices in Various Currencies with this API for Developers
Get Accurate Indore Gold 24k (INDO-24k) Prices in Various Currencies with this API for Developers
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for developers working with precious metals. The Metals-API provides a powerful solution for obtaining precise gold prices, including Indore Gold 24k (INDO-24k), in various currencies. This blog post will explore how the Metals-API empowers developers with innovative tools for integrating gold price data into their applications, enhancing digital transformation in the precious metals market.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of financial markets and a safe haven for investors. As the world shifts towards digital transformation, the integration of technology in trading and data analytics is reshaping how gold prices are discovered and utilized. The Metals-API plays a pivotal role in this transformation by offering real-time access to gold prices, enabling developers to create applications that provide market insights and facilitate trading.
With the rise of digital asset solutions, understanding the dynamics of gold pricing is more important than ever. The Metals-API not only provides current prices but also historical data, allowing developers to analyze trends and fluctuations over time. This capability is essential for businesses looking to make informed decisions based on market conditions.
API Description
The Metals-API is designed to deliver real-time metals data, including gold prices, with a focus on innovation and technological advancement. By leveraging this API, developers can build next-generation applications that cater to various business needs, from e-commerce platforms to financial analysis tools. The API's capabilities include:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for gold and other metals, updated every 60 minutes or more frequently.
- Historical Rates Endpoint: Access historical rates dating back to 2019, allowing for in-depth analysis of price trends over time.
- Bid and Ask Endpoint: Retrieve real-time bid and ask prices, essential for traders looking to make quick decisions based on market movements.
- Convert Endpoint: Easily convert any amount from one currency to another, facilitating seamless transactions across different markets.
- Time-Series Endpoint: Query daily historical rates between two dates, providing insights into price movements over specific periods.
- Fluctuation Endpoint: Track how gold prices fluctuate on a day-to-day basis, helping businesses understand market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, catering to jewelers and consumers interested in specific gold qualities.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for gold over a specified period.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for gold prices, essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008, providing a comprehensive view of market trends.
- API Key: Your unique key for accessing the API, ensuring secure and authorized usage.
- API Response: Exchange rates are delivered relative to USD, with all data returned in a structured format for easy integration.
- Available Endpoints: The API features 14 endpoints, each providing distinct functionalities for developers.
- Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different business needs. Hereβs a closer look at some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rates for all available metals, including gold. This endpoint is crucial for applications that require up-to-the-minute pricing information. For example, a financial app could use this endpoint to display current gold prices to users, ensuring they have the latest data for their investment decisions.
{
"success": true,
"timestamp": 1763942705,
"base": "USD",
"date": "2025-11-24",
"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 developers to access historical exchange rates for any date since 1999. This feature is particularly useful for businesses that need to analyze past market trends to inform future strategies. For instance, a trading platform could utilize this data to generate reports on gold price movements over the past year.
{
"success": true,
"timestamp": 1763856305,
"base": "USD",
"date": "2025-11-23",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Bid and Ask Endpoint
The Bid and Ask Endpoint is a powerful feature that enables developers to retrieve real-time bid and ask prices for gold and other metals. This information is vital for traders who need to make quick decisions based on the current market conditions. For example, a trading application could display these prices to help users determine the best time to buy or sell.
{
"success": true,
"timestamp": 1763942705,
"base": "USD",
"date": "2025-11-24",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert Endpoint allows users to convert any amount from one currency to another, making it easy to handle transactions across different markets. For instance, a user could convert 1000 USD to gold using this endpoint, facilitating seamless trading experiences.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1763942705,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is particularly useful for businesses that want to analyze price trends over specific periods, enabling them to make data-driven decisions.
{
"success": true,
"timeseries": true,
"start_date": "2025-11-17",
"end_date": "2025-11-24",
"base": "USD",
"rates": {
"2025-11-17": {
"XAU": 0.000485
},
"2025-11-24": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides insights into how gold prices fluctuate on a day-to-day basis. This information is essential for businesses that need to understand market volatility and adjust their strategies accordingly.
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-17",
"end_date": "2025-11-24",
"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 provides detailed price data for a specific time period, which is crucial for technical analysis. Traders can use this information to identify trends and make informed decisions based on historical performance.
{
"success": true,
"timestamp": 1763942705,
"base": "USD",
"date": "2025-11-24",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Security and Best Practices
When integrating the Metals-API into your applications, it's essential to consider security best practices. Ensure that your API key is kept confidential and implement proper authentication mechanisms to prevent unauthorized access. Additionally, be mindful of rate limits and quota management to avoid service disruptions.
Conclusion
The Metals-API offers a comprehensive suite of tools for developers looking to integrate accurate gold prices into their applications. By leveraging features such as real-time rates, historical data, and fluctuation tracking, businesses can enhance their decision-making processes and adapt to market changes effectively. Whether you are building a trading platform, financial analysis tool, or e-commerce site, the Metals-API provides the necessary resources to succeed in the competitive landscape of precious metals.
For more information on how to get started, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available currencies and metals. With the right tools and insights, you can harness the power of real-time metals data to drive your business forward.