Get Gold UAE 18 k (XAUUAE18) - Per Gram Historical Data for Developers with Metals-API

Get Gold UAE 18 k (XAUUAE18) - Per Gram Historical Data for Developers with Metals-API
In the rapidly evolving landscape of precious metals trading, developers are increasingly seeking reliable and comprehensive data sources to enhance their applications. One such invaluable resource is the Metals-API, which provides real-time and historical data for various metals, including Gold (XAU). This blog post delves into the intricacies of obtaining historical prices for Gold in the UAE, specifically focusing on the 18k variant (XAUUAE18), and how developers can leverage the Metals-API to access this data efficiently.
About Gold (XAU)
Gold has long been regarded as a safe haven asset, a hedge against inflation, and a symbol of wealth. In recent years, the digital transformation in precious metals trading has opened new avenues for data analytics and market insights. The integration of technology in trading has revolutionized how investors and developers approach the market. With the rise of digital asset solutions, the demand for accurate and timely gold pricing data has surged.
The Metals-API stands at the forefront of this transformation, offering developers the tools necessary to build next-generation applications that can analyze and interpret gold price movements. By utilizing the API, developers can gain insights into market trends, price fluctuations, and historical data, enabling them to make informed decisions.
API Description
The Metals-API is a powerful tool that provides real-time and historical data for various metals, including Gold, Silver, Platinum, and Palladium. It empowers developers to create applications that can track prices, analyze trends, and convert currencies seamlessly. The API's capabilities are designed to support a wide range of use cases, from financial applications to e-commerce platforms.
For more information, you can visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.
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
The Latest Rates Endpoint provides real-time exchange rate data for metals, updated every 60 minutes or more frequently depending on your subscription plan. This endpoint is crucial for applications that require up-to-the-minute pricing information.
{
"success": true,
"timestamp": 1743134417,
"base": "USD",
"date": "2025-03-28",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Accessing historical rates is essential for developers looking to analyze trends over time. The Historical Rates Endpoint allows you to query rates dating back to 2019 by appending a specific date to the API request.
{
"success": true,
"timestamp": 1743048017,
"base": "USD",
"date": "2025-03-27",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Bid And Ask Endpoint
The Bid and Ask Endpoint is a powerful feature that retrieves real-time bid and ask prices for metals. This information is crucial for traders who need to make quick decisions based on current market conditions.
{
"success": true,
"timestamp": 1743134417,
"base": "USD",
"date": "2025-03-28",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The 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 functionalities.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1743134417,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is invaluable for analyzing price trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-03-21",
"end_date": "2025-03-28",
"base": "USD",
"rates": {
"2025-03-21": {
"XAU": 0.000485
},
"2025-03-28": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This endpoint is useful for understanding market volatility and making informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-21",
"end_date": "2025-03-28",
"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 developers to retrieve open, high, low, and close prices for a specific time period. This data is essential for technical analysis and trading strategies.
{
"success": true,
"timestamp": 1743134417,
"base": "USD",
"date": "2025-03-28",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Lowest/Highest Price Endpoint
The Lowest/Highest Price Endpoint allows you to query the API to get the lowest and highest price for a specified date. This feature is useful for identifying price extremes and making strategic decisions.
{
"success": true,
"timestamp": 1743134417,
"base": "USD",
"date": "2025-03-28",
"rates": {
"XAU": {
"lowest": 0.000481,
"highest": 0.000487
}
},
"unit": "per troy ounce"
}
API Key and Authentication
Your API Key is the unique identifier that must be included in every request to authenticate your access to the Metals-API. It is essential to keep this key secure and not expose it in public repositories or client-side code.
Common Use Cases and Implementation Strategies
Developers can utilize the Metals-API in various applications, including:
- Financial Applications: Integrate real-time gold pricing data into trading platforms to enable users to make informed investment decisions.
- E-commerce Platforms: Use the API to display current gold prices for jewelry and other gold products, ensuring customers have access to accurate pricing.
- Market Analysis Tools: Build analytical tools that leverage historical data to forecast future price movements and trends.
Performance Optimization and Security Considerations
When integrating the Metals-API into your applications, consider the following best practices:
- Rate Limiting: Be aware of the API's rate limits based on your subscription plan to avoid throttling.
- Error Handling: Implement robust error handling to manage API response errors gracefully.
- Data Validation: Ensure that all data received from the API is validated and sanitized before use in your application.
Conclusion
The Metals-API is a transformative tool for developers looking to access real-time and historical data for precious metals like Gold. By leveraging its various endpoints, developers can create applications that provide valuable insights into market trends, price fluctuations, and trading opportunities. Whether you are building a financial application, an e-commerce platform, or a market analysis tool, the Metals-API offers the flexibility and reliability needed to succeed in the competitive landscape of precious metals trading.
For further exploration of the API's capabilities, refer to the Metals-API Documentation and check out the Metals-API Supported Symbols for a complete list of available metals.