Home
Blog
Get LBMA Gold Am (LBXAUAM) prices for your application using this API

Get LBMA Gold Am (LBXAUAM) prices for your application using this API

Get LBMA Gold Am (LBXAUAM) prices for your application using this API

Get LBMA Gold Am (LBXAUAM) Prices for Your Application Using This API

In the rapidly evolving world of finance and technology, the demand for real-time data has never been higher, especially in the precious metals market. The LBMA Gold Am (LBXAUAM) prices are crucial for traders, investors, and developers looking to integrate gold pricing into their applications. This blog post will delve into the capabilities of the Metals-API, which provides comprehensive access to gold prices and other precious metals data. We will explore the significance of gold in today's digital economy, the innovative features of the Metals-API, and how developers can leverage this powerful tool to create next-generation applications.

Metals-API Information

About Gold (XAU)

Gold has long been regarded as a safe haven asset, especially during times of economic uncertainty. As digital transformation sweeps across industries, the precious metals market is also undergoing significant changes. The integration of data analytics and technology in trading has revolutionized how investors approach gold trading. With the rise of digital asset solutions, the demand for accurate and real-time gold pricing has surged.

Data analytics plays a pivotal role in providing market insights that can inform trading strategies. By utilizing advanced algorithms and machine learning, traders can analyze historical data to predict future price movements. This innovation in price discovery allows for more informed decision-making, ultimately leading to better investment outcomes.

Furthermore, technology integration in trading platforms has enabled seamless transactions and enhanced user experiences. Developers can now create applications that provide real-time gold prices, historical data, and even predictive analytics, all powered by robust APIs like Metals-API.

API Description

The Metals-API is a powerful tool that empowers developers to access real-time and historical data for various metals, including gold, silver, platinum, and palladium. With its user-friendly interface and comprehensive documentation, the Metals-API allows developers to build applications that can track market trends, analyze price fluctuations, and convert currencies with ease.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can provide updates every 60 seconds, 10 minutes, or even more frequently. This level of granularity ensures that developers can offer their users the most accurate and timely information available.

For those interested in historical data, the Metals-API offers access to rates dating back to 2019. This feature is invaluable for developers looking to analyze trends over time or build applications that require historical context for pricing data.

To get started with the Metals-API, developers can visit the Metals-API Website for more information and access to the Metals-API Documentation, which provides detailed guidance on how to implement the API effectively.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs and use cases. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for all available metals. Depending on your subscription plan, you can receive updates every minute or more frequently. This is essential for applications that require up-to-the-minute pricing information.
  • Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. Developers can query the API for specific dates, allowing for in-depth analysis of price trends over time.
  • Bid And Ask Endpoint: This feature enables developers to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one currency to another. This is particularly useful for applications that deal with multiple currencies.
  • Time-Series Endpoint: This endpoint allows developers to query the API for daily historical rates between two dates of their choice, facilitating detailed analysis of price movements over specific periods.
  • Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, providing insights into market volatility and trends.
  • Carat Endpoint: Retrieve information about gold rates by carat, which is essential for applications focused on jewelry and precious metal trading.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date range, helping developers identify market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, which is crucial for technical analysis and trading strategies.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
  • API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring developers have access to the latest information.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, catering to regional market needs.
  • News Endpoint: Access the latest news articles related to various metals, keeping users informed about market developments.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective integration. Below are examples of various endpoint responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1745989215,
    "base": "USD",
    "date": "2025-04-30",
    "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 a successful query, providing the latest exchange rates for various metals, with gold (XAU) priced at 0.000482 per troy ounce.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1745902815,
    "base": "USD",
    "date": "2025-04-29",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows historical rates for a specific date, allowing developers to analyze past pricing trends.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-23",
    "end_date": "2025-04-30",
    "base": "USD",
    "rates": {
        "2025-04-23": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-25": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-30": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides daily rates for a specified time period, enabling developers to visualize trends and fluctuations over time.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745989215,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The convert endpoint allows users to convert a specified amount from one currency to another, providing the result in troy ounces for gold.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-23",
    "end_date": "2025-04-30",
    "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 tracks fluctuations in prices over a specified period, providing valuable insights into market volatility.

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

{
    "success": true,
    "timestamp": 1745989215,
    "base": "USD",
    "date": "2025-04-30",
    "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 response provides open, high, low, and close prices for a specific date, which is essential for traders conducting technical analysis.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1745989215,
    "base": "USD",
    "date": "2025-04-30",
    "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 current bid and ask prices for metals, which is crucial for traders looking to make informed decisions based on market liquidity.

Conclusion

The Metals-API is an invaluable resource for developers looking to integrate real-time gold prices and other precious metals data into their applications. With its robust features, including real-time updates, historical data access, and various endpoints tailored for different use cases, the API empowers developers to create innovative solutions that meet the demands of today's market.

By leveraging the capabilities of the Metals-API, developers can provide their users with accurate pricing information, insightful analytics, and seamless currency conversions. As the digital transformation of the precious metals market continues, the importance of reliable data sources like the Metals-API cannot be overstated.

For more information on how to get started, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation. Additionally, check out the Metals-API Supported Symbols page to familiarize yourself with the various metal symbols available for use.

Ready to use Metals-API?

Try it now!

Search

Recent Posts