Get Bangalore Gold 22k (BANG-22k) prices using this API

In the ever-evolving landscape of precious metals trading, obtaining accurate and timely data is crucial for investors and developers alike. The Bangalore Gold 22k (BANG-22k) prices can be effectively accessed using the Metals-API, a powerful tool designed to provide real-time and historical data on various metals, including gold. This blog post delves into the intricacies of the Metals-API, its capabilities, and how it can be leveraged to gain insights into the gold market.
Understanding Gold (XAU) in Today's Market
Gold, represented by the symbol XAU, has long been a safe haven for investors, especially in times of economic uncertainty. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. With the integration of technology, traders can now access real-time data, enabling them to make informed decisions swiftly.
The innovation in price discovery mechanisms has also been significant. Traditional methods of determining gold prices are being supplemented by advanced algorithms and data analytics, which provide a more accurate reflection of market conditions. The Metals-API stands at the forefront of this transformation, offering developers the tools needed to build next-generation applications that can analyze and visualize gold price trends effectively.
Digital Asset Solutions and Technology Integration
As the world shifts towards digital asset solutions, the integration of APIs like Metals-API becomes essential. This API empowers developers to create applications that can track gold prices in real-time, analyze historical trends, and even convert currencies seamlessly. The potential applications are vast, ranging from investment platforms to e-commerce solutions that require accurate gold pricing.
Metals-API Overview
The Metals-API Website provides a comprehensive suite of features designed to cater to the needs of developers and traders. The API offers a variety of endpoints that deliver real-time and historical data on metals, including gold, silver, platinum, and palladium. With a focus on innovation and technological advancement, the Metals-API is transforming how data is accessed and utilized in the precious metals market.
Key Features of Metals-API
The Metals-API boasts several key features that enhance its usability and functionality:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This ensures that users always have access to the most current market prices.
- Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API call. This feature is invaluable for analyzing trends over time.
- Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
- Time-Series Endpoint: Users can query the API for daily historical rates between two chosen dates, allowing for in-depth analysis of price movements over time.
- Fluctuation Endpoint: This endpoint provides information about how metal prices fluctuate on a day-to-day basis, helping traders to understand market volatility.
- Carat Endpoint: Users can retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers looking for precise pricing.
- Lowest/Highest Price Endpoint: This feature allows users to query the API to get the lowest and highest prices for a specified date range, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for a specific time period, which is essential for technical analysis.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, which is crucial for comprehensive market research.
- API Key: Each user is assigned a unique API key that must be included in API requests to authenticate and authorize access.
- API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, allowing users to stay informed about the latest offerings.
- Gold Price India Endpoint: This dedicated endpoint retrieves the latest gold price in India, catering specifically to the Indian market.
- News Endpoint: Users can access the latest news articles related to various metals, keeping them informed about market trends and developments.
API Endpoint Examples and Responses
To illustrate the capabilities of the Metals-API, here are some examples of API responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1743904861,
"base": "USD",
"date": "2025-04-06",
"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"
}
Historical Rates Endpoint
{
"success": true,
"timestamp": 1743818461,
"base": "USD",
"date": "2025-04-05",
"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": "2025-03-30",
"end_date": "2025-04-06",
"base": "USD",
"rates": {
"2025-03-30": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-01": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-06": {
"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": 1743904861,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-30",
"end_date": "2025-04-06",
"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) Price Endpoint
{
"success": true,
"timestamp": 1743904861,
"base": "USD",
"date": "2025-04-06",
"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": 1743904861,
"base": "USD",
"date": "2025-04-06",
"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
The Metals-API is a transformative tool for developers and traders in the precious metals market. By providing real-time and historical data, it empowers users to make informed decisions based on accurate market insights. The various endpoints, such as the Latest Rates, Historical Rates, and Bid/Ask endpoints, offer a comprehensive suite of features that cater to diverse trading needs.
As the market continues to evolve, the integration of technology and data analytics will play a crucial role in shaping the future of precious metals trading. For developers looking to harness the power of real-time metals data, the Metals-API Documentation is an invaluable resource that provides detailed information on how to implement and utilize the API effectively.
For a complete list of supported symbols, visit the Metals-API Supported Symbols page. By leveraging the capabilities of the Metals-API, developers can create innovative applications that not only track gold prices but also provide insights into market trends, ultimately enhancing the trading experience.