Get Chennai Gold (XAU-CHEN) Historical Prices for Investment Insights using this API
Get Chennai Gold (XAU-CHEN) Historical Prices for Investment Insights using this API
In the dynamic world of precious metals trading, having access to accurate and timely data is paramount for making informed investment decisions. For investors interested in gold, specifically the Chennai Gold (XAU-CHEN), leveraging the Metals-API can provide invaluable insights into historical prices and market trends. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices for gold and the innovative features that make this API a powerful tool for developers and investors alike.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As a digital transformation sweeps through the financial markets, the integration of data analytics and technology into precious metals trading is revolutionizing how investors approach the market. The Metals-API stands at the forefront of this transformation, offering real-time data and historical insights that empower users to make data-driven decisions.
With the rise of digital asset solutions, gold trading is no longer confined to traditional methods. Investors can now utilize advanced data analytics to uncover market insights, track price fluctuations, and optimize their trading strategies. The Metals-API facilitates this by providing a suite of endpoints that deliver real-time and historical data, enabling developers to build next-generation applications that cater to the evolving needs of investors.
API Description
The Metals-API is a robust platform that offers a comprehensive set of features designed to provide real-time and historical data on various metals, including gold. Its innovative architecture allows for seamless integration into applications, making it an essential tool for developers looking to enhance their financial services. The API is built with a focus on technological advancement, ensuring that users have access to the most accurate and up-to-date information available.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the user's subscription plan. This ensures that investors can react swiftly to market changes, a critical factor in the fast-paced world of trading. Additionally, the API provides historical rates dating back to 2019, allowing users to analyze trends and make informed predictions about future price movements.
For developers, the Metals-API offers extensive documentation, which can be found at the Metals-API Documentation. This resource provides detailed information on how to implement the API, including endpoint descriptions, parameter requirements, and example responses. Furthermore, the API supports a wide range of metal symbols, which can be explored in the Metals-API Supported Symbols list.
Key Features and Endpoints
The Metals-API is equipped with a variety of endpoints, each designed to serve specific needs of investors and developers. Here, we will explore some of the key features and their potential applications:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for all available metals. Depending on the subscription plan, this endpoint can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need to stay informed about the latest market conditions.
{
"success": true,
"timestamp": 1765965619,
"base": "USD",
"date": "2025-12-17",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
For those looking to analyze past market performance, the Historical Rates endpoint allows users to access exchange rates for any date since 1999. This feature is particularly useful for conducting trend analysis and understanding how gold prices have fluctuated over time.
{
"success": true,
"timestamp": 1765879219,
"base": "USD",
"date": "2025-12-16",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Time-Series Endpoint
The Time-Series endpoint enables users to query the API for daily historical rates between two specified dates. This feature is ideal for investors looking to visualize price trends over a specific period, allowing for more strategic investment decisions.
{
"success": true,
"timeseries": true,
"start_date": "2025-12-10",
"end_date": "2025-12-17",
"base": "USD",
"rates": {
"2025-12-10": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-12": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-12-17": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for investors who need to quickly assess the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765965619,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
The Fluctuation endpoint provides insights into how metal prices fluctuate between two specified dates. This feature is essential for understanding market volatility and making informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-10",
"end_date": "2025-12-17",
"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 OHLC endpoint provides critical data for traders by delivering the open, high, low, and close prices for a specific time period. This information is vital for technical analysis and helps traders identify potential entry and exit points.
{
"success": true,
"timestamp": 1765965619,
"base": "USD",
"date": "2025-12-17",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
The Bid/Ask endpoint provides current bid and ask prices for metals, allowing traders to gauge market sentiment and make informed decisions about buying or selling.
{
"success": true,
"timestamp": 1765965619,
"base": "USD",
"date": "2025-12-17",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Conclusion
The Metals-API is an invaluable resource for anyone interested in trading gold, particularly in the Chennai market. By providing access to real-time and historical data, the API empowers investors to make informed decisions based on accurate market insights. With features such as the Latest Rates, Historical Rates, and various conversion endpoints, developers can create sophisticated applications that cater to the needs of modern investors.
As the financial landscape continues to evolve, the integration of technology and data analytics into precious metals trading will only become more critical. The Metals-API stands ready to support this transformation, offering a comprehensive suite of tools that enable users to harness the power of data in their investment strategies. For more information on how to get started, visit the Metals-API Website and explore the extensive Metals-API Documentation to unlock the full potential of this powerful API.