Get Gurgaon Gold 24k (GURG-24k) Historical Prices with Metals-API

Introduction

In the ever-evolving landscape of precious metals trading, having access to accurate and timely data is paramount. For developers and traders alike, understanding the historical prices of gold, specifically the Gurgaon Gold 24k (GURG-24k), is essential for making informed decisions. This blog post will delve into how to retrieve historical prices using the Metals-API, a powerful tool that provides real-time and historical data for various metals, including gold (XAU).

Metals-API Information

About Gold (XAU)

Gold has long been a symbol of wealth and stability, and its digital transformation is reshaping how traders and investors interact with this precious metal. The integration of data analytics and market insights has enabled a more nuanced understanding of gold's price movements. With the advent of technology in trading, the innovation in price discovery has accelerated, allowing for more precise valuations and trading strategies.

As digital asset solutions continue to evolve, the importance of having access to reliable data cannot be overstated. The Metals-API empowers developers to build next-generation applications that leverage real-time metals data, enabling them to create innovative solutions that meet the demands of modern trading environments.

API Description

The Metals-API is designed to provide developers with comprehensive access to metals pricing data. Its capabilities include real-time updates, historical data retrieval, and various endpoints that cater to different needs. This API is not just a data source; it is a transformative tool that allows for the integration of metals data into applications, enhancing user experiences and decision-making processes.

With the Metals-API, developers can access a wide range of features, including:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes or every 10 minutes.
  • Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a date to your query.
  • Bid And Ask Endpoint: Retrieve real-time bid and ask prices for metals, providing insights into market dynamics.
  • Convert Endpoint: Easily convert amounts between different metals or to/from USD.
  • Time-Series Endpoint: Query daily historical rates between two dates of your choice.
  • Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis.
  • Carat Endpoint: Retrieve information about gold rates by carat.
  • Lowest/Highest Price Endpoint: Get the lowest and highest price for a specified date.
  • Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008.
  • API Key: Your unique key for accessing the API.
  • API Response: Exchange rates are delivered relative to USD, ensuring consistency across data.
  • Available Endpoints: A constantly updated endpoint returning all available currencies.
  • Gold Price India Endpoint: Retrieve the latest gold price in India.
  • News Endpoint: Access the latest news articles related to various metals.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different data needs. Let's explore some of the key features in detail:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rates for all available metals. Depending on your subscription plan, you can receive updates every 60 minutes or every 10 minutes. This endpoint is crucial for traders who need to make quick decisions based on the latest market data.

{
    "success": true,
    "timestamp": 1742094016,
    "base": "USD",
    "date": "2025-03-16",
    "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

Accessing historical rates is vital for analyzing trends and making predictions. The Historical Rates Endpoint allows you to retrieve data for any date since 1999. By appending a specific date to your query, you can gain insights into how gold prices have fluctuated over time.

{
    "success": true,
    "timestamp": 1742007616,
    "base": "USD",
    "date": "2025-03-15",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

The Time-Series Endpoint allows you to query the API for daily historical rates between two dates of your choice. This feature is particularly useful for traders looking to analyze price movements over specific periods.

{
    "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"
}

Convert Endpoint

The Convert Endpoint is a valuable feature that allows you to convert any amount from one metal to another or to/from USD. This functionality is essential for traders who deal with multiple currencies and need to quickly assess value changes.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1742094016,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how currencies fluctuate on a day-to-day basis. This feature is particularly useful for understanding market volatility and making informed trading decisions.

{
    "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"
}

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

The OHLC Price Endpoint allows you to retrieve open, high, low, and close prices for a specific time period. This data is crucial for traders looking to analyze market trends and make predictions based on historical performance.

{
    "success": true,
    "timestamp": 1742094016,
    "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"
}

Bid/Ask Endpoint

The Bid/Ask Endpoint provides current bid and ask prices for metals, allowing traders to gauge market sentiment and make informed decisions. Understanding the spread between bid and ask prices is crucial for effective trading strategies.

{
    "success": true,
    "timestamp": 1742094016,
    "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"
}

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 metal data into their applications.

Conclusion

In conclusion, the Metals-API offers a robust and flexible solution for accessing historical prices of gold and other precious metals. With its wide array of endpoints and real-time data capabilities, developers can create innovative applications that enhance trading strategies and market analysis. By leveraging the power of the Metals-API, you can stay ahead in the competitive world of precious metals trading.

For more information on how to implement these features and access the full capabilities of the Metals-API, visit the Metals-API Documentation. Whether you are a seasoned developer or just starting, the Metals-API provides the tools you need to succeed in the dynamic world of metals trading.

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