Get Patna Gold 24k (PATN-24k) Historical Prices with Metals-API
Get Patna Gold 24k (PATN-24k) Historical Prices with Metals-API
In the world of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. One of the most sought-after metals is gold, represented by the symbol XAU. For developers and traders looking to access historical prices of Patna Gold 24k (PATN-24k), the Metals-API offers a robust solution. This blog post will delve into the capabilities of Metals-API, focusing on how to retrieve historical prices and other valuable data related to gold and other precious metals.
Metals-API Information
About Gold (XAU)
Gold has always been a symbol of wealth and a safe haven for investors. As digital transformation sweeps across industries, the precious metals market is no exception. The integration of data analytics and technology in trading has revolutionized how traders access market insights. With the advent of APIs like Metals-API, developers can harness the power of real-time metals data to build innovative applications that facilitate price discovery and trading strategies.
Metals-API empowers developers to create next-generation applications by providing access to a wealth of data. From historical prices to real-time rates, the API offers a comprehensive suite of features that can enhance trading platforms, investment tools, and financial analysis applications. The ability to integrate technology into trading not only improves efficiency but also opens up new avenues for investment strategies.
API Description
The Metals-API is designed to provide developers with seamless access to metals prices and currency conversion data. It offers a variety of endpoints that cater to different needs, including retrieving the latest rates, historical data, and even bid/ask prices. This API is particularly valuable for those looking to analyze market trends and make data-driven decisions.
With the Metals-API, you can access real-time data that is updated frequently, depending on your subscription plan. This means that whether you are a casual trader or a professional investor, you can tailor your data access to suit your needs. The API's capabilities extend beyond just retrieving prices; it also allows for advanced analytics and insights that can drive investment strategies.
Key Features and Endpoints
Metals-API offers a variety of endpoints that provide different functionalities. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for various metals, including gold. Depending on your subscription plan, you can receive updates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay informed about market fluctuations.
{
"success": true,
"timestamp": 1742000594,
"base": "USD",
"date": "2025-03-15",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
For those interested in analyzing past trends, the Historical Rates endpoint allows you to access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve valuable historical data that can inform your trading strategies.
{
"success": true,
"timestamp": 1741914194,
"base": "USD",
"date": "2025-03-14",
"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 is a powerful feature that enables you to retrieve real-time bid and ask prices for various metals. This information is crucial for traders looking to execute orders at the best possible prices.
{
"success": true,
"timestamp": 1742000594,
"base": "USD",
"date": "2025-03-15",
"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 you to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1742000594,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series endpoint allows you to query the API for daily historical rates between two dates of your choice. This feature is invaluable for analyzing trends over time and making informed trading decisions.
{
"success": true,
"timeseries": true,
"start_date": "2025-03-08",
"end_date": "2025-03-15",
"base": "USD",
"rates": {
"2025-03-08": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-03-10": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-03-15": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
Using the Fluctuation endpoint, you can retrieve information about how currencies fluctuate on a day-to-day basis. This feature helps traders understand market volatility and make better trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-08",
"end_date": "2025-03-15",
"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 technical analysis and helps traders identify market trends.
{
"success": true,
"timestamp": 1742000594,
"base": "USD",
"date": "2025-03-15",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"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 who want to analyze long-term trends in the metals market.
API Key and Response
Your API Key is a unique identifier that you must include in your requests to authenticate and authorize your access to the Metals-API. The API responses are delivered in JSON format, with exchange rates typically relative to USD. Understanding the structure of these responses is crucial for effective data handling.
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
In conclusion, the Metals-API offers a powerful suite of tools for developers and traders interested in precious metals, particularly gold. With features like real-time rates, historical data, and advanced analytics, the API is designed to empower users to make informed trading decisions. By leveraging the capabilities of Metals-API, developers can create innovative applications that enhance the trading experience and provide valuable market insights.
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.