Get Gold Bid (XAU-BID) Historical Prices with Metals-API

In the ever-evolving landscape of precious metals trading, obtaining accurate and timely data is paramount. For developers and traders alike, the ability to access historical prices for Gold (XAU) is crucial for making informed decisions. This blog post delves into how to get Gold Bid (XAU-BID) historical prices using the Metals-API, a powerful tool that provides real-time and historical data for various metals.

About Gold (XAU)

Gold has long been regarded as a safe haven asset, a hedge against inflation, and a store of value. In recent years, the digital transformation in the precious metals market has revolutionized how traders and investors access and analyze data. The integration of data analytics and market insights has enabled traders to make more informed decisions based on real-time information.

With the rise of technology in trading, the innovation in price discovery has become more pronounced. The Metals-API stands at the forefront of this transformation, offering developers the tools they need to build next-generation applications that leverage real-time metals data. By utilizing the Metals-API, developers can create solutions that not only provide current market prices but also historical data that can be crucial for trend analysis and forecasting.

API Description

The Metals-API is designed to empower developers with comprehensive access to metals pricing data. It offers a range of endpoints that allow users to retrieve the latest rates, historical prices, and even perform conversions between different metals and currencies. The API is built with innovation in mind, allowing for seamless integration into various applications.

One of the standout features of the Metals-API is its ability to provide real-time data updates. Depending on your subscription plan, the API can return real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This capability is essential for traders who need to stay ahead of market fluctuations.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:

Latest Rates Endpoint: This endpoint provides real-time exchange rates for all available metals, including Gold (XAU). It is essential for traders who need to know the current market price.
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 past prices, which is invaluable for trend analysis.
Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time Bid and Ask prices for metals, providing insight into market liquidity and pricing.
Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert any amount from one currency to another, which is particularly useful for traders dealing in 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 time.
Fluctuation Endpoint: Users can track how currencies fluctuate on a day-to-day basis, providing insights into market volatility.
Carat Endpoint: This feature allows users to retrieve information about Gold rates by Carat, which is particularly useful for jewelers and traders dealing in specific carat weights.
Lowest/Highest Price Endpoint: This endpoint allows users to query the API to get the lowest and highest price for a specified date range, helping traders identify market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for a specific date, which is essential for technical analysis.
Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, offering a wealth of data for analysis.
API Key: Each user is provided with a unique API key that must be included in API requests for authentication.
API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: The Metals-API includes multiple endpoints, each providing different functionalities tailored to user needs.
Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols supported by the API.
Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for traders in that region.
News Endpoint: This feature allows users to retrieve the latest news articles related to various metals, keeping traders informed about market developments.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page. This resource is invaluable for developers looking to integrate specific metals into their applications.

API Endpoint Examples and Responses

Understanding the API's response structure 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": 1742785283,
    "base": "USD",
    "date": "2025-03-24",
    "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": 1742698883,
    "base": "USD",
    "date": "2025-03-23",
    "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": "2025-03-17",
    "end_date": "2025-03-24",
    "base": "USD",
    "rates": {
        "2025-03-17": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-19": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-03-24": {
            "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": 1742785283,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-17",
    "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
        },
        "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": 1742785283,
    "base": "USD",
    "date": "2025-03-24",
    "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": 1742785283,
    "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
        },
        "XPT": {
            "bid": 0.000911,
            "ask": 0.000913,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

Conclusion

In summary, the Metals-API provides a robust framework for accessing Gold Bid (XAU-BID) historical prices and other precious metals data. By leveraging the various endpoints available, developers can create applications that offer real-time insights and historical analysis, empowering traders to make informed decisions. The integration of technology in precious metals trading not only enhances market efficiency but also opens up new avenues for innovation.

For more information on how to implement these features, refer to the Metals-API Documentation. Additionally, for a complete list of supported symbols, visit the Metals-API Supported Symbols page. Embrace the future of precious metals trading with the transformative capabilities of the Metals-API.

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Get Gold Bid (XAU-BID) Historical Prices with Metals-API