Get Coimbatore Gold (XAU-COIM) - Per Ounce price data for your application using this API

XAU. For developers looking to integrate gold price data into their applications, the Metals-API offers a robust solution. This blog post will delve into the intricacies of the XAU-COIM market, the capabilities of the Metals-API, and how it can empower developers to create innovative applications that leverage real-time gold pricing data.

Understanding Gold (XAU)

Digital Transformation in Precious Metals

Data Analytics and Market Insights

Latest Rates Endpoint allows users to retrieve real-time exchange rate data for gold and other metals. This data is updated frequently, ensuring that traders have the most current information at their fingertips.

Technology Integration in Trading

Convert Endpoint, developers can create applications that allow users to convert gold prices from one currency to another seamlessly, enhancing user experience and engagement.

Innovation in Price Discovery

Historical Rates Endpoint allows developers to access historical gold prices dating back to 2019. This data can be invaluable for traders looking to analyze past trends and make informed predictions about future price movements.

Digital Asset Solutions

API Description

Key Features of Metals-API

Latest Rates Endpoint

Latest Rates Endpoint provides real-time exchange rate data for gold and other metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay updated on market movements.

{
        "success": true,
        "timestamp": 1744686020,
        "base": "USD",
        "date": "2025-04-15",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Historical Rates Endpoint allows developers to access historical exchange rates for gold and other metals dating back to 2019. This endpoint is particularly useful for traders looking to analyze trends over time.

{
        "success": true,
        "timestamp": 1744599620,
        "base": "USD",
        "date": "2025-04-14",
        "rates": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "unit": "per troy ounce"
    }

Bid And Ask Endpoint

Bid And Ask Endpoint provides real-time bid and ask prices for gold and other metals. This feature is crucial for traders who need to know the current market prices to make informed trading decisions.

{
        "success": true,
        "timestamp": 1744686020,
        "base": "USD",
        "date": "2025-04-15",
        "rates": {
            "XAU": {
                "bid": 0.000481,
                "ask": 0.000483,
                "spread": 2.0e-6
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

Convert Endpoint allows developers to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAU",
            "amount": 1000
        },
        "info": {
            "timestamp": 1744686020,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

Time-Series Endpoint

Time-Series Endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is valuable for analyzing trends over specific periods.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-04-08",
        "end_date": "2025-04-15",
        "base": "USD",
        "rates": {
            "2025-04-08": {
                "XAU": 0.000485
            },
            "2025-04-15": {
                "XAU": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

Fluctuation Endpoint provides information about how gold prices fluctuate on a day-to-day basis. This feature is essential for traders looking to understand market volatility.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-04-08",
        "end_date": "2025-04-15",
        "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

OHLC Price Endpoint allows developers to query the API for the open, high, low, and close prices for gold over a specific time period. This data is crucial for traders who analyze price movements.

{
        "success": true,
        "timestamp": 1744686020,
        "base": "USD",
        "date": "2025-04-15",
        "rates": {
            "XAU": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is useful for traders who need to analyze long-term trends.

API Key and Authentication

API Response Structure

Common Use Cases

• Building trading platforms that require real-time gold pricing data.
• Creating financial applications that provide users with historical price data for analysis.
• Developing currency conversion tools that allow users to convert gold prices between different currencies.

Performance Optimization

Security Considerations

Conclusion

Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals.