Get Faridabad Gold 24k (FARI-24k) Historical Prices with Metals-API

Introduction

In the world of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. For developers and traders interested in gold, the Get Faridabad Gold 24k (FARI-24k) historical prices can be efficiently accessed through the Metals-API. This powerful API provides a comprehensive suite of features that enable users to retrieve real-time and historical data on various metals, including gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD). In this blog post, we will explore the capabilities of the Metals-API, focusing on how to obtain historical prices and the innovative technology that underpins this service.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. As digital transformation sweeps across industries, the precious metals market is no exception. The integration of data analytics and market insights has revolutionized how traders and investors approach gold trading. With the advent of technology in trading, the process of price discovery has become more efficient, allowing for greater transparency and accessibility.

Moreover, the rise of digital asset solutions has opened new avenues for investing in gold. The Metals-API plays a pivotal role in this transformation by providing developers with the tools needed to build next-generation applications that leverage real-time metals data. This API empowers users to create innovative solutions that can analyze market trends, track price fluctuations, and make data-driven decisions.

API Description

The Metals-API is designed to provide developers with a robust platform for accessing metals data. Its capabilities include real-time exchange rates, historical data, and various endpoints that cater to different needs. By leveraging the API, developers can create applications that offer insights into market trends, facilitate trading, and enhance user experiences.

For more detailed information, you can refer to the Metals-API Documentation, which outlines the various features and functionalities available.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that serve different purposes, each designed to provide specific data related to precious metals. Below, we will delve into the key features and their potential applications:

Latest Rates Endpoint

The Latest Rates Endpoint allows users to retrieve real-time exchange rate data for various metals. Depending on your subscription plan, this endpoint can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay informed about the latest market conditions.

{
    "success": true,
    "timestamp": 1742778109,
    "base": "USD",
    "date": "2025-03-24",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

For those interested in analyzing trends over time, the Historical Rates Endpoint provides access to historical exchange rates dating back to 2019. Users can query the API by appending a specific date to retrieve data for that day. This feature is invaluable for conducting market analysis and understanding price movements.

{
    "success": true,
    "timestamp": 1742691709,
    "base": "USD",
    "date": "2025-03-23",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that allows users to retrieve real-time bid and ask prices for metals. This information is crucial for traders looking to make informed buying and selling decisions. The bid price represents the highest price a buyer is willing to pay, while the ask price is the lowest price a seller will accept.

{
    "success": true,
    "timestamp": 1742778109,
    "base": "USD",
    "date": "2025-03-24",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        },
        "XAG": {
            "bid": 0.0381,
            "ask": 0.0382,
            "spread": 0.0001
        }
    },
    "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 traders who need to quickly assess the value of their holdings in different currencies.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1742778109,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two dates of their choice. This feature is beneficial for analyzing trends over specific periods, allowing traders to make data-driven decisions based on historical performance.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-17",
    "end_date": "2025-03-24",
    "base": "USD",
    "rates": {
        "2025-03-17": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-03-24": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature allows traders to track rate changes between two dates, offering insights into market volatility.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-17",
    "end_date": "2025-03-24",
    "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 OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is essential for traders looking to analyze market trends and make informed trading decisions.

{
    "success": true,
    "timestamp": 1742778109,
    "base": "USD",
    "date": "2025-03-24",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This feature is particularly useful for users interested in analyzing the performance of metals traded on the London Metal Exchange.

API Key and Authentication

To access the Metals-API, users must obtain an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the data.

Conclusion

The Metals-API is a powerful tool for developers and traders looking to access real-time and historical data on precious metals. With its comprehensive suite of features, including the ability to retrieve historical prices for gold (XAU) and other metals, the API empowers users to make informed decisions based on accurate data. By leveraging the innovative technology behind the Metals-API, developers can create applications that enhance trading experiences and provide valuable market insights.

For more information, visit the Metals-API Website and explore the Metals-API Supported Symbols for a complete list of available metals. Whether you are a seasoned trader or a developer looking to integrate metals data into your applications, the Metals-API offers the tools you need to succeed.

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