Get Coimbatore Gold 22k (COIM-22k) Historical Prices with Metals-API

Get Coimbatore Gold 22k (COIM-22k) Historical Prices with Metals-API
In the ever-evolving landscape of precious metals trading, obtaining accurate and timely data is crucial for making informed decisions. For those interested in tracking the historical prices of gold, particularly the Coimbatore Gold 22k (COIM-22k), the Metals-API offers a powerful solution. This blog post will delve into the capabilities of the Metals-API, focusing on how developers can leverage its features to access historical gold prices and gain valuable market insights.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. As digital transformation sweeps through various industries, the precious metals market is no exception. The integration of technology in trading has revolutionized how investors and traders access data, analyze trends, and make decisions. With the advent of data analytics, market insights derived from historical data have become more accessible, allowing for better forecasting and strategic planning.
Moreover, the innovation in price discovery mechanisms has enabled traders to react swiftly to market changes. Digital asset solutions are now at the forefront, providing seamless access to real-time data, which is essential for anyone looking to invest in gold or other precious metals. The Metals-API stands out as a robust platform that empowers developers to build next-generation applications that can harness the power of real-time metals data.
API Description
The Metals-API is designed to provide developers with comprehensive access to metals pricing data, including gold, silver, platinum, and palladium. This API is a game-changer for those looking to integrate metals pricing into their applications or websites. With its innovative capabilities, the Metals-API allows for real-time data retrieval, historical price analysis, and much more.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return updated rates every 60 minutes, every 10 minutes, or even more frequently. This level of granularity ensures that users have the most current information at their fingertips.
For developers looking to access historical rates, the Metals-API provides a Historical Rates Endpoint that allows querying of historical data dating back to 2019. By appending a specific date to the API request, users can retrieve historical prices for gold and other metals, making it an invaluable tool for market analysis and trend identification.
Additionally, the API includes a Bid and Ask Endpoint, which provides real-time bid and ask prices for various metals. This feature is particularly useful for traders who need to make quick decisions based on the latest market conditions. The Convert Endpoint allows users to convert amounts between different metals or to and from USD, enhancing the API's versatility.
For those interested in analyzing price trends over time, the Time-Series Endpoint allows users to query daily historical rates between two chosen dates. This feature is essential for identifying patterns and fluctuations in metal prices, enabling traders to make informed decisions based on historical performance.
Furthermore, the Fluctuation Endpoint provides insights into how prices fluctuate on a day-to-day basis, allowing users to track changes and adjust their strategies accordingly. The Carat Endpoint offers information about gold rates by carat, catering to those interested in specific gold purity levels.
For comprehensive analysis, the Lowest/Highest Price Endpoint allows users to query the API for the lowest and highest prices within a specified timeframe. The Open/High/Low/Close (OHLC) Price Endpoint provides detailed price data, including the opening, high, low, and closing prices for a given day, which is crucial for technical analysis.
To access the API, developers need an API Key, which is a unique identifier passed into the API base URL's access_key parameter. The API response delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
For a complete list of all supported symbols and their specifications, developers can refer to the Metals-API Supported Symbols page. This resource is invaluable for understanding the various metals available through the API.
Key Features and Endpoints
The Metals-API offers a wide range of features that cater to the needs of developers and traders alike. Here are some of the key features and their potential applications:
- Latest Rates Endpoint: This endpoint provides real-time exchange rates for all available metals. Depending on your subscription plan, you can receive updates every 10 minutes or more frequently, ensuring you have the latest data.
- Historical Rates Endpoint: Access historical exchange rates for any date since 2019. This is particularly useful for analyzing trends and making informed investment decisions based on past performance.
- Bid And Ask Endpoint: Retrieve real-time bid and ask prices for metals, allowing traders to make quick decisions based on the latest market conditions.
- Convert Endpoint: Convert any amount from one metal to another or to/from USD, enhancing the API's versatility for various trading scenarios.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling detailed trend analysis.
- Fluctuation Endpoint: Track rate fluctuations between two dates, providing insights into market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, catering to specific market needs.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices within a specified timeframe, essential for market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed price data for a specific time period, crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term perspective on metal prices.
- API Key: Your unique key for accessing the API, ensuring secure and authorized usage.
- API Response: Exchange rates delivered by the Metals-API are relative to USD by default, ensuring consistency in data interpretation.
- Available Endpoints: The Metals-API comes with multiple endpoints, each providing different functionalities for comprehensive data access.
- Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, catering to regional market needs.
- News Endpoint: Get the latest news articles related to various metals, keeping you informed about market developments.
API Endpoint Examples and Responses
Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1742864500,
"base": "USD",
"date": "2025-03-25",
"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
Access historical exchange rates for any date since 1999.
{
"success": true,
"timestamp": 1742778100,
"base": "USD",
"date": "2025-03-24",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
Get exchange rates for a specific time period.
{
"success": true,
"timeseries": true,
"start_date": "2025-03-18",
"end_date": "2025-03-25",
"base": "USD",
"rates": {
"2025-03-18": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-03-20": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-03-25": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
Convert any amount from one metal to another or to/from USD.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1742864500,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-18",
"end_date": "2025-03-25",
"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
Get OHLC data for a specific time period.
{
"success": true,
"timestamp": 1742864500,
"base": "USD",
"date": "2025-03-25",
"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
Get current bid and ask prices for metals.
{
"success": true,
"timestamp": 1742864500,
"base": "USD",
"date": "2025-03-25",
"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 an invaluable resource for developers and traders looking to access historical prices and real-time data for gold and other precious metals. With its comprehensive features, including the ability to retrieve historical rates, track fluctuations, and convert between metals, the API empowers users to make informed decisions based on accurate data.
By leveraging the capabilities of the Metals-API, developers can create innovative applications that provide users with the insights they need to navigate the complex world of precious metals trading. Whether you are interested in analyzing market trends, tracking historical prices, or integrating real-time data into your applications, the Metals-API offers the tools necessary to succeed.
For more information on how to get started, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation. Don't forget to check the Metals-API Supported Symbols page for a complete list of available metals and their specifications.