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Get Indore Gold 24k (INDO-24k) price trends using this API

Get Indore Gold 24k (INDO-24k) price trends using this API

Get Indore Gold 24k (INDO-24k) price trends using this API

Get Indore Gold 24k (INDO-24k) Price Trends Using This API

In the ever-evolving landscape of precious metals trading, understanding the price trends of gold, particularly Indore Gold 24k (INDO-24k), is crucial for investors and traders alike. The Metals-API provides a robust platform for accessing real-time and historical data on gold prices, enabling developers to build applications that can analyze market trends and make informed decisions. This blog post will delve into the capabilities of the Metals-API, explore the significance of gold in the financial market, and provide insights into how developers can leverage this API to gain a competitive edge.

Metals-API Information

The Metals-API is a powerful tool designed for developers who need access to real-time and historical data on various metals, including gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD). By utilizing this API, developers can create applications that provide insights into market trends, price fluctuations, and historical data analysis. The API's capabilities extend beyond simple data retrieval; it empowers developers to integrate advanced analytics and data visualization into their applications.

About Gold (XAU)

Gold has long been regarded as a safe-haven asset, especially during times of economic uncertainty. Its value is influenced by various factors, including geopolitical events, inflation rates, and currency fluctuations. The digital transformation in the precious metals market has led to the integration of technology in trading, allowing for more efficient price discovery and data analytics. With the rise of digital asset solutions, investors can now access real-time data and analytics to make informed decisions.

Data analytics plays a pivotal role in understanding market trends. By analyzing historical data, traders can identify patterns and make predictions about future price movements. The Metals-API provides developers with the tools necessary to access this data, enabling them to build applications that can analyze trends and provide actionable insights.

API Description

The Metals-API is designed to deliver real-time metals data, allowing developers to create next-generation applications that can respond to market changes instantly. With its comprehensive set of endpoints, the API provides access to a wealth of information, including the latest rates, historical data, and conversion capabilities. The API's innovative design ensures that developers can easily integrate it into their existing systems, enhancing their applications with real-time data.

For more detailed information, you can visit the Metals-API Documentation, which provides comprehensive guidance on how to utilize the API effectively.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different 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, 10 minutes, or even more frequently, depending on your subscription plan. This feature is essential for traders who need to stay updated on market conditions.
  • Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your query. This allows developers to analyze past trends and make informed predictions about future movements.
  • Bid And Ask Endpoint: Retrieve real-time bid and ask prices for metals, providing insight into market liquidity and pricing dynamics.
  • Convert Endpoint: This feature allows for the conversion of any amount from one metal to another or to/from USD, facilitating seamless transactions.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling in-depth analysis of price movements over time.
  • Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, providing valuable insights into market volatility.
  • Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers looking to understand the value of their gold items.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date range, helping traders identify potential entry and exit points.
  • Open/High/Low/Close (OHLC) Price Endpoint: Access 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 long-term view of market trends.
  • API Key: Your unique API key is essential for accessing the API's features and ensuring secure transactions.
  • API Response: The API delivers exchange rates relative to USD, with all data returned in a structured format for easy integration.
  • Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals supported by the API.
  • 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 traders keep abreast of market developments.

For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective integration. Here are examples of various endpoints:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1750129343,
    "base": "USD",
    "date": "2025-06-17",
    "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 provides the latest rates for various metals, allowing developers to display current market prices in their applications.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1750042943,
    "base": "USD",
    "date": "2025-06-16",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint is particularly useful for analyzing past price trends and making data-driven decisions.

Time-series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-10",
    "end_date": "2025-06-17",
    "base": "USD",
    "rates": {
        "2025-06-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-17": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response allows developers to visualize trends over time, making it easier to identify patterns and anomalies.

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1750129343,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This endpoint is essential for traders who need to calculate the equivalent value of their holdings in different metals.

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-10",
    "end_date": "2025-06-17",
    "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 endpoint provides insights into market volatility, helping traders make informed decisions based on historical fluctuations.

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

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1750129343,
    "base": "USD",
    "date": "2025-06-17",
    "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 data is crucial for technical analysis, allowing traders to assess market trends and make predictions based on historical performance.

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1750129343,
    "base": "USD",
    "date": "2025-06-17",
    "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 endpoint provides essential information for traders looking to execute orders at the best possible prices.

Conclusion

The Metals-API is an invaluable resource for developers looking to integrate real-time and historical data on precious metals into their applications. By leveraging the various endpoints available, developers can create powerful tools that provide insights into market trends, price fluctuations, and historical data analysis. The ability to access comprehensive data on gold, silver, platinum, and palladium allows traders to make informed decisions and stay ahead in a competitive market.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive documentation available. With the right tools and data at your fingertips, you can unlock the full potential of precious metals trading.

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