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Get Indore Gold 22k (INDO-22k) Daily Price Data using this API

Get Indore Gold 22k (INDO-22k) Daily Price Data using this API

Get Indore Gold 22k (INDO-22k) Daily Price Data using this API

Get Indore Gold 22k (INDO-22k) Daily Price Data using this API

In the world of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. For developers and traders alike, the Metals-API offers a powerful solution to retrieve historical prices and real-time data for various metals, including Gold (XAU). This blog post will delve into the capabilities of the Metals-API, focusing on how to obtain historical prices for Gold and other metals, while exploring the broader implications of digital transformation in the precious metals market.

About Gold (XAU)

Gold has long been regarded as a safe haven asset, a store of value, and a hedge against inflation. As the global economy continues to evolve, the integration of technology into the trading of precious metals has transformed the landscape. Digital transformation in precious metals trading is not just about the availability of data; it encompasses data analytics, market insights, and innovative solutions that empower traders to make better decisions.

With the rise of data analytics, traders can now leverage historical price data to identify trends, forecast future movements, and optimize their trading strategies. The Metals-API provides developers with the tools to access this data seamlessly, enabling the creation of applications that can analyze market conditions in real-time.

Moreover, technology integration in trading platforms allows for more efficient price discovery. The Metals-API facilitates this by providing real-time exchange rates and historical data, which can be utilized to develop sophisticated trading algorithms. This innovation in price discovery is essential for traders looking to capitalize on market fluctuations.

As digital asset solutions continue to gain traction, the importance of reliable data sources cannot be overstated. The Metals-API stands out as a comprehensive solution for accessing metals data, offering a range of endpoints that cater to various needs.

API Description

The Metals-API is designed to provide developers with access to real-time and historical data for precious metals. By leveraging this API, developers can build next-generation applications that require accurate metals pricing data. The API offers a variety of endpoints, each serving a unique purpose, from retrieving the latest rates to accessing historical data dating back to 2019.

One of the standout features of the Metals-API is its ability to deliver real-time data updates. Depending on the subscription plan, users can receive updates every 60 minutes, every 10 minutes, or even more frequently. This capability is essential for traders who need to stay ahead of market movements.

For those interested in historical data, the Metals-API allows users to query historical rates by appending a specific date to the API request. This feature is invaluable for conducting in-depth market analysis and backtesting trading strategies.

To explore the full range of capabilities, developers can refer to the Metals-API Documentation, which provides detailed information on each endpoint and its functionalities.

Key Features and Endpoints

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

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for all available metals. Depending on your subscription plan, you can receive updates at varying frequencies, ensuring you have the most current information at your fingertips.
  • Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a date to your request, you can retrieve past prices for analysis and decision-making.
  • Bid and Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for metals, providing insight into market liquidity and pricing dynamics.
  • Convert Endpoint: Easily convert any amount from one metal to another or to/from USD. This endpoint simplifies the process of currency conversion, making it easier for traders to manage their portfolios.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is particularly useful for analyzing trends over specific time periods.
  • Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis. This endpoint provides valuable insights into market volatility.
  • Carat Endpoint: Access information about Gold rates by Carat. This feature is essential for jewelers and traders dealing with different carat weights.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date, helping traders identify key price levels.
  • Open/High/Low/Close (OHLC) Price Endpoint: Get the open, high, low, and close prices for a specific time period, which is crucial for technical analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
  • API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
  • API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
  • Available Endpoints: The Metals-API offers a constantly updated list of available endpoints, ensuring you have access to the latest features.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local traders.
  • News Endpoint: Stay informed with the latest news articles related to various metals, helping you keep abreast of market developments.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1747134013,
    "base": "USD",
    "date": "2025-05-13",
    "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"
}

The above response indicates a successful request, providing the latest exchange rates for various metals, including Gold (XAU).

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1747047613,
    "base": "USD",
    "date": "2025-05-12",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows historical rates for a specific date, allowing traders to analyze past performance.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-06",
    "end_date": "2025-05-13",
    "base": "USD",
    "rates": {
        "2025-05-06": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-08": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-13": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series response provides daily rates over a specified period, which is essential for trend analysis.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1747134013,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response illustrates how to convert an amount from USD to Gold (XAU), providing both the conversion rate and the result.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-06",
    "end_date": "2025-05-13",
    "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"
}

This response provides insights into how prices have fluctuated over a specified period, which is crucial for understanding market dynamics.

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1747134013,
    "base": "USD",
    "date": "2025-05-13",
    "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"
}

The OHLC response is essential for traders who rely on technical analysis, providing key price points for decision-making.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1747134013,
    "base": "USD",
    "date": "2025-05-13",
    "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"
}

This response provides the current bid and ask prices, which are critical for traders looking to execute orders at the best possible prices.

Conclusion

The Metals-API is a transformative tool for developers and traders in the precious metals market. By providing access to real-time and historical data, it empowers users to make informed decisions based on accurate information. The various endpoints, including the latest rates, historical rates, and fluctuation data, offer a comprehensive suite of features that cater to diverse trading needs.

As the digital landscape continues to evolve, the integration of technology in precious metals trading will only become more pronounced. The Metals-API stands at the forefront of this transformation, enabling developers to create innovative applications that harness the power of real-time metals data.

For more information on how to implement the Metals-API in your projects, refer to the Metals-API Documentation and explore the full range of supported symbols on the Metals-API Supported Symbols page. Visit the Metals-API Website to get started today and unlock the potential of real-time metals data.

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