Get Franklin Responsibly Sourced Gold ETF (FGDL) Historical Prices with Metals-API

Get Franklin Responsibly Sourced Gold ETF (FGDL) Historical Prices with Metals-API

The Franklin Responsibly Sourced Gold ETF (FGDL) represents a significant investment opportunity in the precious metals market, particularly in gold. For investors and developers alike, accessing historical prices of FGDL can be crucial for making informed decisions. One of the most effective ways to obtain this data is through the Metals-API, a powerful tool designed to provide real-time and historical data on various metals, including gold. In this blog post, we will explore the capabilities of Metals-API, particularly focusing on how to retrieve historical prices for gold (XAU) and the innovative features that make this API a valuable resource for developers.

About Gold (XAU)

Gold has long been regarded as a safe-haven asset and a hedge against inflation. In recent years, the digital transformation in precious metals has revolutionized how investors access and analyze gold prices. With the integration of data analytics and technology in trading, investors can now leverage real-time insights to make better decisions. The innovation in price discovery has also allowed for more transparent and efficient markets.

As the demand for digital asset solutions grows, the importance of having access to accurate and timely data cannot be overstated. The Metals-API provides developers with the tools they need to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. By utilizing the Metals-API, developers can create applications that not only provide historical prices but also offer insights into market dynamics.

Metals-API Overview

The Metals-API is a comprehensive JSON API that provides access to real-time and historical prices for various metals, including gold, silver, platinum, and palladium. The API is designed to empower developers by offering a wide range of endpoints that cater to different data needs. With a focus on innovation and technological advancement, Metals-API enables users to harness the power of real-time metals data for various applications.

One of the standout features of Metals-API is its ability to deliver historical rates dating back to 2019. This allows users to analyze price trends over time, making it an invaluable resource for investors looking to understand market movements. Additionally, the API supports various endpoints that provide different functionalities, including the latest rates, historical rates, bid and ask prices, and more.

Key Features and Endpoints

Metals-API offers a variety of endpoints, each designed to fulfill specific data requirements. Here are some of the key features:

  • 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 feature is essential for traders who need to stay updated on market conditions.
  • Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical prices for gold (XAU) and other metals.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one currency to another. This is particularly useful for investors dealing with multiple currencies.
  • Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, making it easier to analyze trends over specific periods.
  • Fluctuation Endpoint: Users can retrieve information about how currencies fluctuate on a day-to-day basis, which is crucial for understanding market volatility.
  • Carat Endpoint: This feature provides information about gold rates by carat, allowing users to access detailed pricing based on purity.
  • Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, helping investors identify price extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, offering a comprehensive view of market performance.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is beneficial for users interested in long-term trends.
  • API Key: Each user is assigned a unique API key that must be included in API requests to authenticate access.
  • API Response: The exchange rates delivered by Metals-API are relative to USD by default, ensuring consistency in data interpretation.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for investors in the Indian market.
  • News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

API Endpoint Examples and Responses

To illustrate the capabilities of Metals-API, let's explore some example responses for key endpoints.

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1742083666,
    "base": "USD",
    "date": "2025-03-16",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

This response provides real-time exchange rates for various metals, including gold (XAU). The "rates" object contains the current price per troy ounce, which is essential for traders looking to make quick decisions.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1741997266,
    "base": "USD",
    "date": "2025-03-15",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows how to access historical rates for a specific date. The "rates" object provides the price of gold (XAU) on March 15, 2025, allowing users to analyze past performance.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-09",
    "end_date": "2025-03-16",
    "base": "USD",
    "rates": {
        "2025-03-09": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-11": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-03-16": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series endpoint allows users to retrieve exchange rates for a specific period. This data is invaluable for trend analysis and forecasting.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1742083666,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response demonstrates the conversion of an amount from USD to gold (XAU). The "result" field indicates how much gold can be purchased with the specified amount of USD, which is crucial for investors looking to make conversions.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-09",
    "end_date": "2025-03-16",
    "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"
}

The fluctuation endpoint provides insights into how prices have changed over a specified period. This information is vital for understanding market volatility and making informed trading decisions.

OHLC (Open/High/Low/Close) Price Endpoint

{
    "success": true,
    "timestamp": 1742083666,
    "base": "USD",
    "date": "2025-03-16",
    "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"
}

This endpoint provides a comprehensive view of the market's performance for a specific date, including the opening, highest, lowest, and closing prices. This data is essential for traders looking to analyze daily performance.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1742083666,
    "base": "USD",
    "date": "2025-03-16",
    "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"
}

The bid/ask endpoint provides current bid and ask prices for metals, which is crucial for traders looking to execute orders at the best possible prices.

Conclusion

In conclusion, the Metals-API is an invaluable resource for anyone looking to access historical prices for the Franklin Responsibly Sourced Gold ETF (FGDL) and other precious metals. With its comprehensive range of endpoints, developers can easily retrieve real-time and historical data, analyze market trends, and make informed investment decisions. The API's innovative features, such as the latest rates, historical rates, and fluctuation tracking, empower users to build sophisticated applications that leverage real-time metals data.

For those interested in exploring the full capabilities of the Metals-API, I encourage you to visit the Metals-API Documentation for detailed information on each endpoint and its functionalities. Additionally, you can find a complete list of supported symbols at the Metals-API Supported Symbols page. By harnessing the power of Metals-API, developers can unlock new possibilities in the world of precious metals trading and investment.

Ready to use Metals-API?

Try it now!

Recent Posts