Get Kanpur Gold 24k (KANP-24k) price data in real-time using this API

Get Kanpur Gold 24k (KANP-24k) Price Data in Real-Time Using This API

In the ever-evolving landscape of precious metals trading, having access to real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools necessary to retrieve real-time price data for various metals, including the highly sought-after Kanpur Gold 24k (KANP-24k). This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, features, and how it can empower developers to create innovative applications that leverage real-time gold price data.

Metals-API Information

The Metals-API is a powerful tool designed for developers looking to integrate real-time and historical data for precious metals into their applications. With a focus on innovation and technological advancement, this API allows users to access a wealth of information, including the latest market rates, historical trends, and conversion capabilities. By utilizing the Metals-API, developers can create applications that not only track gold prices but also analyze market trends and make data-driven decisions.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. In recent years, the digital transformation in the precious metals market has opened new avenues for traders and investors alike. With the integration of data analytics and market insights, stakeholders can now make more informed decisions based on real-time data. The Metals-API plays a pivotal role in this transformation, providing developers with the tools to harness the power of technology in trading.

One of the most significant innovations in the gold market is the ability to discover prices in real-time. The Metals-API offers various endpoints that allow users to access the latest rates, historical data, and even bid and ask prices. This level of detail enables developers to build applications that can analyze market fluctuations, track price changes, and provide insights into investment opportunities.

API Description

The Metals-API is designed with developers in mind, offering a comprehensive suite of features that cater to various needs. From retrieving the latest gold prices to accessing historical data dating back to 2019, the API provides a robust framework for building next-generation applications. The API's capabilities include:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This allows developers to keep their applications updated with the latest market information.
• Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. Developers can query the Metals-API for historical rates by appending a specific date, enabling them to analyze trends over time.
• 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 any amount from one currency to another, facilitating seamless transactions.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for in-depth analysis of price movements.
• Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis, providing insights into market volatility.
• Carat Endpoint: Access information about gold rates by carat, allowing for precise calculations based on purity.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date, helping traders identify market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: Get the open, high, low, and close price for a specific time period, essential for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a broader context for market 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 providing different functionalities tailored to user needs.
• Supported Symbols Endpoint: Access a constantly updated list of all available currencies, ensuring users have the latest information at their fingertips.
• Gold Price India Endpoint: Retrieve the latest gold price in India using a dedicated endpoint, catering to regional market needs.
• News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

Key Features and Endpoints

The Metals-API is rich in features that cater to the needs of developers looking to integrate precious metals data into their applications. Below, we explore some of the key endpoints and their functionalities:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rates for all available metals. This endpoint is crucial for applications that require up-to-the-minute pricing information. The response includes a timestamp, base currency, date, and rates for various metals.

{
    "success": true,
    "timestamp": 1744772420,
    "base": "USD",
    "date": "2025-04-16",
    "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 exchange rates is essential for analyzing market trends. The Historical Rates Endpoint allows developers to retrieve rates for any date since 1999. This feature is invaluable for applications focused on trend analysis and historical performance.

{
    "success": true,
    "timestamp": 1744686020,
    "base": "USD",
    "date": "2025-04-15",
    "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 users to query the API for daily historical rates between two specified dates. This is particularly useful for applications that need to visualize price movements over time.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-09",
    "end_date": "2025-04-16",
    "base": "USD",
    "rates": {
        "2025-04-09": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-11": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-16": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint is a versatile feature that allows users to convert any amount from one metal to another or to/from USD. This functionality is essential for applications that require currency conversion capabilities.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1744772420,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

The Fluctuation Endpoint tracks rate fluctuations between two dates, providing insights into market volatility. This feature is particularly useful for applications that analyze price stability and market trends.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-09",
    "end_date": "2025-04-16",
    "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"
}

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

The OHLC Price Endpoint provides open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and helps traders make informed decisions based on market movements.

{
    "success": true,
    "timestamp": 1744772420,
    "base": "USD",
    "date": "2025-04-16",
    "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, offering insights into market liquidity and pricing dynamics. This information is vital for traders looking to execute orders at optimal prices.

{
    "success": true,
    "timestamp": 1744772420,
    "base": "USD",
    "date": "2025-04-16",
    "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 metals into their applications.

Conclusion

The Metals-API is a transformative tool for developers seeking to integrate real-time and historical data for precious metals into their applications. With its extensive range of features, including the latest rates, historical data, and conversion capabilities, the API empowers users to create innovative solutions that leverage the power of real-time data. By utilizing the Metals-API, developers can enhance their applications with valuable insights into market trends, price fluctuations, and investment opportunities.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation and usage. Embrace the future of precious metals trading with the Metals-API and unlock the potential of real-time data.