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Get Indore Gold 22k (INDO-22k) market prices using this API

Get Indore Gold 22k (INDO-22k) market prices using this API

Get Indore Gold 22k (INDO-22k) market prices using this API

Get Indore Gold 22k (INDO-22k) Market Prices Using This API

In today's fast-paced financial landscape, the ability to access real-time market data is crucial for traders and investors, especially in the precious metals sector. The Metals-API provides a robust solution for developers looking to integrate gold market prices, including the Indore Gold 22k (INDO-22k), into their applications. This blog post will delve into the intricacies of the Metals-API, focusing on its capabilities, features, and how it can empower developers to create innovative applications that leverage real-time data analytics.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. In recent years, the digital transformation of precious metals has opened new avenues for trading and investment. The integration of technology in trading platforms has enabled real-time data analytics, allowing traders to make informed decisions based on market insights.

With the rise of digital asset solutions, gold trading has become more accessible. The Metals-API plays a pivotal role in this transformation by providing developers with the tools necessary to access and analyze gold market data. By utilizing advanced data analytics, traders can gain insights into price movements, trends, and market fluctuations, enhancing their trading strategies.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API empowers developers to build next-generation applications that require accurate and timely metals data. With its innovative features, the Metals-API stands out as a leader in the market, offering a comprehensive suite of endpoints that cater to diverse needs.

For detailed information on how to get started, visit the Metals-API Documentation. Here, you will find comprehensive guides on how to implement the API, including authentication, endpoint usage, and response handling.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that provide different functionalities, allowing developers to tailor their applications to specific needs. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, every 10 minutes, or even more frequently, depending on your subscription plan. This feature is essential for traders who need the most current market prices.
  • Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your request, you can retrieve past market data, which is invaluable for trend analysis and forecasting.
  • Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: Easily convert any amount from one metal to another or to/from USD. This endpoint simplifies transactions and helps in calculating equivalent values across different metals.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is particularly useful for analyzing price trends over specific periods.
  • Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis. This endpoint provides insights into market volatility and helps traders make informed decisions.
  • Carat Endpoint: Retrieve information about gold rates by carat, allowing for precise calculations in jewelry trading and valuation.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, which is crucial for understanding market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for a specific time period, which is essential for technical analysis and trading strategies.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
  • API Key: Your unique API key is essential for accessing the API. It must be included in your requests to authenticate your access.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API offers a wide range of endpoints, each designed to provide specific functionalities tailored to the needs of developers.
  • Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals supported by the API. For a complete list, refer to the Metals-API Supported Symbols.
  • 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 updated with the latest news articles related to various metals, helping traders stay informed about market influences.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective integration. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1745895693,
    "base": "USD",
    "date": "2025-04-29",
    "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"
}

This response indicates the success of the request, the timestamp of the data retrieval, the base currency (USD), the date of the rates, and the rates for various metals. Each rate is expressed in terms of troy ounces, which is the standard measurement for precious metals.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1745809293,
    "base": "USD",
    "date": "2025-04-28",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows how to retrieve historical rates for a specific date. The response includes the same structure as the latest rates, allowing for easy comparison and analysis.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-22",
    "end_date": "2025-04-29",
    "base": "USD",
    "rates": {
        "2025-04-22": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-24": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-29": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series endpoint allows developers to analyze trends over a specified period. The response includes rates for each date within the range, facilitating in-depth analysis of price movements.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745895693,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This endpoint is particularly useful for traders who need to convert amounts between different metals or currencies. The response provides the conversion rate, the amount converted, and the result in troy ounces.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-22",
    "end_date": "2025-04-29",
    "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"
}

The fluctuation endpoint provides insights into how metal prices change over time. This information is critical for traders looking to capitalize on market movements.

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

{
    "success": true,
    "timestamp": 1745895693,
    "base": "USD",
    "date": "2025-04-29",
    "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"
}

This endpoint is essential for traders who rely on technical analysis. The OHLC data provides a comprehensive view of price movements within a specific time frame.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1745895693,
    "base": "USD",
    "date": "2025-04-29",
    "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"
}

The bid/ask endpoint is crucial for understanding market dynamics. It provides the current bid and ask prices for metals, along with the spread, which is vital for traders looking to execute orders efficiently.

Conclusion

The Metals-API is an invaluable resource for developers seeking to integrate real-time gold market prices, including Indore Gold 22k (INDO-22k), into their applications. With its extensive range of endpoints and features, the API enables traders to access critical market data, perform historical analysis, and make informed trading decisions.

By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance the trading experience and provide users with the insights they need to succeed in the precious metals market. For more information, explore the Metals-API Website and check out the Metals-API Documentation for detailed implementation guidance.

Stay ahead in the market by utilizing the powerful features of the Metals-API and ensure your applications are equipped with the latest data and insights. For a complete list of supported symbols, visit the Metals-API Supported Symbols page.

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