Home
Blog
Get Indore Gold 24k (INDO-24k) Price Data for Analysis using this API

Get Indore Gold 24k (INDO-24k) Price Data for Analysis using this API

Get Indore Gold 24k (INDO-24k) Price Data for Analysis using this API

Get Indore Gold 24k (INDO-24k) Price Data for Analysis 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 analysts looking to obtain historical prices of gold, the Metals-API offers a powerful solution. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical price data for Gold (XAU) and explore the innovative features that make this API a valuable tool for market analysis.

Metals-API Information

The Metals-API is a comprehensive JSON API that provides real-time and historical data for various metals, including gold, silver, platinum, and palladium. It is designed to empower developers to build next-generation applications that require precise and up-to-date information about metal prices. With a focus on digital transformation in the precious metals market, the API integrates advanced data analytics and technology to facilitate seamless trading experiences.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been considered a safe haven asset and a hedge against inflation. Its value is influenced by various factors, including economic indicators, geopolitical events, and market sentiment. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. By leveraging real-time data from the Metals-API, traders can gain a competitive edge in price discovery and make informed decisions based on accurate historical trends.

As technology continues to integrate into trading practices, the Metals-API stands out as an innovative solution for accessing gold price data. The API enables developers to create applications that can analyze market trends, track fluctuations, and provide insights into price movements. This level of integration not only enhances trading strategies but also contributes to the overall efficiency of the market.

API Description

The Metals-API offers a wide range of capabilities that cater to the needs of developers and analysts. With its user-friendly interface and comprehensive documentation, users can easily access various endpoints to retrieve the data they need. The API supports multiple functionalities, including:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Users can receive updates every 60 minutes, every 10 minutes, or even more frequently, depending on their needs.
  • Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API request. This feature is essential for analyzing past trends and making predictions about future movements.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert amounts between different metals or to/from USD, facilitating easier calculations for traders.
  • Time-Series Endpoint: This endpoint allows users to query daily historical rates between two specified dates, making it easier to analyze trends over time.
  • Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing valuable insights into market volatility.
  • Carat Endpoint: This feature allows users to retrieve gold rates based on carat measurements, catering to specific market needs.
  • Lowest/Highest Price Endpoint: Users can query the API to find the lowest and highest prices for a specified date, which is crucial for understanding market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides detailed OHLC data for a specific date, allowing traders to analyze price movements throughout the trading day.
  • Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates dating back to 2008, offering a wealth of data for analysis.
  • API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API offers a variety of endpoints, each designed to fulfill specific data retrieval needs.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals supported by the API.
  • Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, catering to regional market needs.
  • News Endpoint: The API also includes a news feature that allows users to access the latest articles related to various metals, keeping them informed about market developments.

For more detailed information about the API's capabilities, visit the Metals-API Documentation.

Key Features and Endpoints

Each endpoint of the Metals-API serves a specific purpose, providing users with the flexibility to access the data they need for their analysis. Below, we explore some of the key features and their potential applications:

Latest Rates Endpoint

The Latest Rates Endpoint allows users to obtain real-time exchange rates for all available metals. This endpoint is particularly useful for traders who need to monitor price changes frequently. The response includes a timestamp, base currency, date, and rates for various metals.

{
    "success": true,
    "timestamp": 1745733718,
    "base": "USD",
    "date": "2025-04-27",
    "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

The Historical Rates Endpoint provides access to historical exchange rates for any date since 1999. This feature is invaluable for analysts looking to study past trends and make predictions based on historical data.

{
    "success": true,
    "timestamp": 1745647318,
    "base": "USD",
    "date": "2025-04-26",
    "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 users to query exchange rates for a specific time period. This is particularly useful for analyzing trends over time and understanding how prices have changed.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-20",
    "end_date": "2025-04-27",
    "base": "USD",
    "rates": {
        "2025-04-20": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-22": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-27": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature simplifies calculations for traders who need to assess the value of their holdings in different currencies.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745733718,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

The Fluctuation Endpoint enables users to track rate fluctuations between two dates. This is essential for understanding market volatility and making informed trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-20",
    "end_date": "2025-04-27",
    "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"
}

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

The OHLC Price Endpoint provides users with open, high, low, and close prices for a specific time period. This data is crucial for traders looking to analyze market behavior throughout the trading day.

{
    "success": true,
    "timestamp": 1745733718,
    "base": "USD",
    "date": "2025-04-27",
    "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, which is essential for traders looking to understand market liquidity and pricing dynamics.

{
    "success": true,
    "timestamp": 1745733718,
    "base": "USD",
    "date": "2025-04-27",
    "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 metals into their applications.

Conclusion

In conclusion, the Metals-API offers a robust solution for developers and analysts seeking to obtain historical price data for gold and other precious metals. With its innovative features and comprehensive endpoints, the API empowers users to build applications that leverage real-time data for market analysis and trading strategies. By integrating the Metals-API into your workflow, you can enhance your ability to analyze trends, track fluctuations, and make informed decisions in the dynamic world of precious metals trading.

For more information and to get started with the API, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation and usage.

Ready to use Metals-API?

Try it now!

Search

Recent Posts