Get Ludhiana Gold 22k (LUDH-22k) Historical Prices with Metals-API

Introduction

In the ever-evolving landscape of precious metals trading, understanding historical prices is crucial for investors and traders alike. This is where the Ludhiana Gold 22k (LUDH-22k) historical prices come into play. By leveraging the power of the Metals-API, developers can access a wealth of data that empowers them to make informed decisions based on past market trends. In this blog post, we will explore how to obtain historical prices for Ludhiana Gold 22k using the Metals-API, while also delving into the broader implications of digital transformation in precious metals trading.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. In recent years, the digital transformation of precious metals has opened new avenues for data analytics and market insights. The integration of technology in trading has revolutionized how investors access and interpret market data. With the rise of digital asset solutions, the demand for real-time data has surged, making APIs like Metals-API indispensable for traders looking to stay ahead of the curve.

API Description

The Metals-API is a powerful tool that provides real-time and historical data for various metals, including gold, silver, platinum, and palladium. This API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and make data-driven decisions. By harnessing the transformative potential of real-time metals data, developers can create innovative solutions that enhance trading strategies and improve overall market understanding.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, allowing developers to access a comprehensive range of functionalities:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay updated with the latest market conditions.
  • Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. By appending a specific date to the API request, users can retrieve historical prices for gold and other metals, 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 helping traders make informed decisions.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders dealing with multiple currencies.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, making it easier to analyze price movements over specific periods.
  • Fluctuation Endpoint: This endpoint provides information about how currencies fluctuate on a day-to-day basis, helping traders understand market volatility.
  • Carat Endpoint: Users can retrieve information about gold rates by carat, which is essential for jewelers and consumers looking to buy or sell gold jewelry.
  • Lowest/Highest Price Endpoint: This feature allows users to query the API to get the lowest and highest price for a specific date, providing insights into market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for a specific date, which is crucial for technical analysis.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing users to analyze long-term trends.
  • API Key: Each user is assigned a unique API key that must be passed into the API base URL's access_key parameter for authentication.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The API comes with a comprehensive list of endpoints, each providing different functionalities tailored to user needs.
  • Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring users have access to the latest information.
  • Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local traders.
  • News Endpoint: This feature allows users to retrieve the latest news articles related to various metals, keeping them informed about market developments.

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.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, let's explore some example responses for various endpoints:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1742176863,
    "base": "USD",
    "date": "2025-03-17",
    "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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1742090463,
    "base": "USD",
    "date": "2025-03-16",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-10",
    "end_date": "2025-03-17",
    "base": "USD",
    "rates": {
        "2025-03-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-03-17": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

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": 1742176863,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-10",
    "end_date": "2025-03-17",
    "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"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1742176863,
    "base": "USD",
    "date": "2025-03-17",
    "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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1742176863,
    "base": "USD",
    "date": "2025-03-17",
    "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"
}

Conclusion

In conclusion, the Ludhiana Gold 22k (LUDH-22k) historical prices can be effectively accessed using the Metals-API. This API not only provides real-time data but also offers a comprehensive suite of features that empower developers to build innovative applications for the precious metals market. By utilizing endpoints such as the Latest Rates, Historical Rates, and Time-Series, traders can gain valuable insights into market trends and make informed decisions. The integration of technology in trading, coupled with the analytical capabilities of the Metals-API, positions developers to harness the full potential of precious metals data. For more information on how to get started, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.

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