Get Gurgaon Gold 24k (GURG-24k) conversion rates using this API

Get Gurgaon Gold 24k (GURG-24k) Conversion Rates Using This API

In the ever-evolving landscape of precious metals trading, the ability to access real-time data is crucial for developers and traders alike. The GURGAON Gold 24k (GURG-24k) symbol represents a significant asset in the gold market, and understanding its conversion rates can empower traders to make informed decisions. This blog post delves into the capabilities of the Metals-API, which provides comprehensive data on gold and other precious metals, enabling developers to integrate advanced functionalities into their applications.

Metals-API Information

The Metals-API is a powerful tool that offers real-time and historical data on various metals, including gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD). This API is designed for developers looking to create applications that require precise and timely information about metal prices. With the rise of digital transformation in the precious metals market, the Metals-API stands out as a leader in providing data analytics and market insights.

About Gold (XAU)

Gold has long been a symbol of wealth and stability, often viewed as a safe haven during economic uncertainty. The digital transformation in the precious metals sector has introduced innovative technologies that enhance trading experiences. By leveraging data analytics, traders can gain insights into market trends, allowing for more informed decision-making. The integration of technology in trading platforms has revolutionized how investors interact with gold, making it easier to track prices and execute trades.

One of the most significant advancements in the gold market is the innovation in price discovery. The Metals-API provides real-time data that reflects the current market conditions, enabling traders to respond swiftly to fluctuations. Additionally, digital asset solutions have emerged, allowing for seamless transactions and conversions between different currencies and metals.

API Description

The Metals-API is designed to empower developers by providing them with the tools necessary to build next-generation applications. With its robust capabilities, the API allows users to access a wide range of functionalities, including:

Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes or 10 minutes, ensuring that you have the most current information at your fingertips.
Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your query, allowing for in-depth analysis of market trends over time.
Bid and Ask Endpoint: Retrieve real-time bid and ask prices, providing insights into the current market spread for gold and other metals.
Convert Endpoint: Easily convert any amount from one currency to another, facilitating transactions and price comparisons.
Time-Series Endpoint: Query daily historical rates between two dates of your choice, enabling comprehensive analysis of price movements.
Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, giving you a clearer picture of market volatility.
Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and traders dealing in various purities.
Lowest/Highest Price Endpoint: Get the lowest and highest prices for a specified date, helping you identify market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for a specific time period, crucial for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for traders focused on industrial metals.
API Key: Your unique key for accessing the API, ensuring secure and authorized usage.
API Response: Exchange rates are delivered relative to USD by default, with all data returned in a structured JSON format.
Available Endpoints: The API features 14 endpoints, each providing distinct functionalities tailored to various trading needs.
Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals.
News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.

Key Features and Endpoints

The Metals-API offers a plethora of features that cater to the diverse needs of developers and traders. Here are some key functionalities:

Latest Rates Endpoint

This endpoint provides real-time exchange rates for all available metals. For example, a typical response might look like this:

{
    "success": true,
    "timestamp": 1761973235,
    "base": "USD",
    "date": "2025-11-01",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

This response indicates the current price of gold (XAU) in relation to USD, along with other metals.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999. An example response is shown below:

{
    "success": true,
    "timestamp": 1761886835,
    "base": "USD",
    "date": "2025-10-31",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

This allows traders to analyze past performance and make predictions based on historical data.

Time-Series Endpoint

The time-series endpoint enables users to query the API for daily historical rates between two dates. A response might look like this:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-10-25",
    "end_date": "2025-11-01",
    "base": "USD",
    "rates": {
        "2025-10-25": {
            "XAU": 0.000485
        },
        "2025-10-27": {
            "XAU": 0.000483
        },
        "2025-11-01": {
            "XAU": 0.000482
        }
    },
    "unit": "per troy ounce"
}

This feature is particularly useful for traders looking to identify trends over a specific period.

Convert Endpoint

The convert endpoint allows users to convert any amount from one metal to another or to/from USD. For instance:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1761973235,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response indicates that 1000 USD converts to 0.482 troy ounces of gold.

Fluctuation Endpoint

Using the fluctuation endpoint, you can track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-25",
    "end_date": "2025-11-01",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

This data is invaluable for traders looking to understand market volatility and make strategic decisions.

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

The OHLC endpoint provides detailed price data for a specific time period:

{
    "success": true,
    "timestamp": 1761973235,
    "base": "USD",
    "date": "2025-11-01",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

This information is crucial for technical analysis, allowing traders to assess market trends and make informed decisions.

Bid/Ask Endpoint

The bid/ask endpoint provides current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1761973235,
    "base": "USD",
    "date": "2025-11-01",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

This data is essential for traders looking to execute orders at the best possible prices.

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 who need to ensure they are using the correct symbols in their queries.

Conclusion

The Gurgaon Gold 24k (GURG-24k) conversion rates can be effectively tracked and analyzed using the Metals-API. With its extensive range of endpoints and capabilities, developers can create sophisticated applications that leverage real-time and historical data for better trading decisions. By integrating features such as the latest rates, historical data, and conversion functionalities, the Metals-API empowers users to navigate the complexities of the precious metals market with ease.

For more information on how to implement these features, refer to the Metals-API Documentation. This resource provides detailed guidance on using the API effectively, ensuring that developers can maximize the potential of their applications. As the market continues to evolve, staying informed and utilizing advanced tools like the Metals-API will be key to success in the precious metals trading landscape.

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Get Gurgaon Gold 24k (GURG-24k) conversion rates using this API