Get Kolhapur Gold 22k (KOLH-22k) Historical Prices to Improve Your Trading Strategy using this API
Introduction
In the world of trading, having access to accurate and timely data is crucial for making informed decisions. For traders interested in precious metals, particularly Gold (XAU), understanding historical prices can significantly enhance trading strategies. This blog post will explore how to get historical prices for Kolhapur Gold 22k (KOLH-22k) using the Metals-API. We will delve into the capabilities of the API, its various endpoints, and how it can empower developers to create innovative applications in the realm of precious metals trading.
About Gold (XAU)
Gold has long been considered a safe haven asset, especially during times of economic uncertainty. Its value is influenced by various factors, including market demand, geopolitical events, and currency fluctuations. As digital transformation continues to reshape the financial landscape, the integration of data analytics and technology in trading has become more critical than ever. The ability to access real-time and historical data on Gold prices allows traders to make data-driven decisions, optimize their strategies, and enhance their overall trading performance.
Digital Transformation in Precious Metals
The digital transformation of the precious metals market has led to the emergence of innovative solutions that facilitate price discovery and trading. With the advent of APIs like Metals-API, traders can now access a wealth of information at their fingertips. This API provides real-time and historical data, enabling traders to analyze trends, monitor fluctuations, and make informed decisions based on comprehensive market insights.
Data Analytics and Market Insights
Data analytics plays a pivotal role in understanding market dynamics. By leveraging the historical price data available through Metals-API, traders can conduct in-depth analyses to identify patterns and trends. This information is invaluable for developing trading strategies that capitalize on market movements. The ability to access historical data dating back to 2019 allows traders to backtest their strategies and refine their approaches based on empirical evidence.
Technology Integration in Trading
Integrating technology into trading workflows has become essential for success in today's fast-paced markets. The Metals-API provides developers with the tools they need to build next-generation applications that can process and analyze metals data in real time. By utilizing the API's various endpoints, developers can create custom solutions tailored to their specific trading needs, whether it's for algorithmic trading, portfolio management, or market analysis.
Metals-API Overview
The Metals-API is a powerful tool that provides access to real-time and historical prices for various metals, including Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD). The API is designed to be user-friendly and offers a range of endpoints that cater to different trading needs. Below, we will explore some of the key features and endpoints of the Metals-API.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that provide different functionalities, allowing traders to access the data they need efficiently. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes, every 10 minutes, or more frequently. This endpoint is essential for traders who need to stay informed about current market conditions.
{
"success": true,
"timestamp": 1767399451,
"base": "USD",
"date": "2026-01-03",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
The Historical Rates endpoint allows traders to access historical exchange rates for any date since 1999. This feature is particularly useful for analyzing past market performance and making informed predictions about future trends.
{
"success": true,
"timestamp": 1767313051,
"base": "USD",
"date": "2026-01-02",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Bid and Ask Endpoint
The Bid and Ask endpoint provides real-time bid and ask prices for metals. This feature is crucial for traders looking to execute trades at optimal prices, as it allows them to see the current market spread.
{
"success": true,
"timestamp": 1767399451,
"base": "USD",
"date": "2026-01-03",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert endpoint allows traders to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who deal with multiple currencies and need to quickly assess the value of their holdings.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767399451,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series endpoint allows traders to query the API for daily historical rates between two dates of their choice. This feature is invaluable for conducting trend analyses over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-12-27",
"end_date": "2026-01-03",
"base": "USD",
"rates": {
"2025-12-27": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-29": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-01-03": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation endpoint enables traders to track rate fluctuations between two dates. This feature provides insights into market volatility and helps traders make informed decisions based on historical price movements.
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-27",
"end_date": "2026-01-03",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price endpoint provides open, high, low, and close prices for a specific time period. This data is essential for traders looking to analyze price movements and make predictions based on historical performance.
{
"success": true,
"timestamp": 1767399451,
"base": "USD",
"date": "2026-01-03",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Lowest/Highest Price Endpoint
The Lowest/Highest Price endpoint allows traders to query the API for the lowest and highest prices within a specified date range. This feature is useful for identifying significant price levels that may influence trading decisions.
{
"success": true,
"timestamp": 1767313051,
"base": "USD",
"date": "2026-01-02",
"rates": {
"XAU": {
"lowest": 0.000475,
"highest": 0.000490
}
},
"unit": "per troy ounce"
}
Historical LME Endpoint
The Historical LME endpoint provides access to historical rates for LME symbols dating back to 2008. This feature is particularly useful for traders interested in metals traded on the London Metal Exchange.
{
"success": true,
"timestamp": 1767313051,
"base": "USD",
"date": "2026-01-02",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825
},
"unit": "per troy ounce"
}
API Key and Authentication
To access the Metals-API, users must obtain an API key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authenticating requests and ensuring secure access to the API's features.
API Response Structure
The API responses are structured in JSON format, providing a clear and organized way to access the data. Each response includes a success flag, a timestamp, the base currency, the date of the data, and the rates for the requested metals. Understanding the response structure is crucial for developers to effectively parse and utilize the data in their applications.
Practical Use Cases and Integration Strategies
Integrating the Metals-API into trading applications can enhance functionality and provide valuable insights. Here are some practical use cases:
Algorithmic Trading
Traders can utilize the API to develop algorithmic trading strategies that automatically execute trades based on predefined criteria. By accessing real-time and historical data, algorithms can analyze market conditions and make trades at optimal times.
Portfolio Management
For portfolio managers, the Metals-API can provide insights into the performance of precious metals within a diversified portfolio. By tracking historical prices and fluctuations, managers can make informed decisions about asset allocation and risk management.
Market Analysis Tools
Developers can create market analysis tools that leverage the API's data to provide users with insights into market trends, price movements, and potential trading opportunities. These tools can include dashboards, alerts, and visualizations that enhance the trading experience.
Conclusion
Accessing historical prices for Kolhapur Gold 22k (KOLH-22k) is made easy with the Metals-API. By leveraging its powerful endpoints, traders can gain valuable insights into market trends and make informed decisions that enhance their trading strategies. The integration of technology and data analytics in precious metals trading is transforming the landscape, providing traders with the tools they need to succeed in a competitive market. For more information, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals.