Get Pondicherry Gold 22k (POND-22k) Price Data for Market Analysis using this API

In the ever-evolving landscape of financial markets, the demand for accurate and timely data is paramount, especially when it comes to precious metals like gold. For developers and analysts looking to perform market analysis, obtaining reliable historical price data is crucial. This is where the Metals-API comes into play, offering a robust solution for accessing gold price data, specifically for the 22k gold symbol (POND-22k). In this blog post, we will explore how to leverage the Metals-API to retrieve historical prices and gain insights into market trends.

Understanding Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. Its value is influenced by various factors, including economic conditions, geopolitical events, and market sentiment. In recent years, the digital transformation of precious metals trading has opened new avenues for investors and developers alike. The integration of data analytics and technology in trading has revolutionized how market participants access and interpret gold price data.

With the rise of digital asset solutions, the ability to analyze historical price data has become more accessible. Developers can now create applications that provide real-time insights into gold prices, enabling investors to make informed decisions. The Metals-API serves as a powerful tool in this regard, offering a comprehensive suite of endpoints designed to facilitate market analysis.

Metals-API Overview

The Metals-API is a JSON API that provides real-time and historical data for various metals, including gold, silver, platinum, and palladium. It empowers developers to build next-generation applications that require accurate and up-to-date information. The API's capabilities extend beyond simple price retrieval; it offers advanced features such as bid and ask prices, currency conversion, and historical data analysis.

For more information on how to get started, visit the Metals-API Website or check out the Metals-API Documentation.

Key Features of Metals-API

The Metals-API boasts a variety of endpoints that cater to different data needs. Each endpoint is designed to provide specific functionalities that can enhance your market analysis capabilities. Below, we will delve into some of the most notable features:

Latest Rates Endpoint

The Latest Rates Endpoint allows users to retrieve real-time exchange rate data for metals. Depending on your subscription plan, this endpoint can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay informed about the latest market movements.

{
    "success": true,
    "timestamp": 1760670096,
    "base": "USD",
    "date": "2025-10-17",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is crucial for market analysis, and the Historical Rates Endpoint allows you to query data dating back to 2019. By appending a specific date to your request, you can obtain historical prices for gold and other metals, enabling you to analyze trends over time.

{
    "success": true,
    "timestamp": 1760583696,
    "base": "USD",
    "date": "2025-10-16",
    "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, which is invaluable for traders looking to execute orders at optimal prices. This feature allows you to gauge market sentiment and make informed trading decisions.

{
    "success": true,
    "timestamp": 1760670096,
    "base": "USD",
    "date": "2025-10-17",
    "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 investors who want to understand the value of their holdings in different currencies.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1760670096,
        "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 essential for conducting in-depth analyses and understanding price movements over specific periods.

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

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how metal prices fluctuate on a day-to-day basis. By tracking rate changes between two dates, you can assess market volatility and make informed trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-10",
    "end_date": "2025-10-17",
    "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
        }
    },
    "unit": "per troy ounce"
}

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

The OHLC Price Endpoint allows you to retrieve open, high, low, and close prices for a specific time period. This data is crucial for technical analysis, enabling traders to identify trends and make predictions based on historical price movements.

{
    "success": true,
    "timestamp": 1760670096,
    "base": "USD",
    "date": "2025-10-17",
    "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
        }
    },
    "unit": "per troy ounce"
}

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint allows you to query the API to get the lowest and highest price for a specific date. This feature is beneficial for traders looking to understand price extremes and market behavior.

Historical LME Endpoint

For those interested in London Metal Exchange (LME) symbols, the Historical LME Endpoint provides access to historical rates dating back to 2008. This endpoint is particularly useful for analysts focusing on LME-traded metals.

API Key and Authentication

To access the Metals-API, you will need an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key ensures that your requests are authenticated and that you have the appropriate access level based on your subscription plan.

API Response Structure

The API delivers exchange rates relative to USD by default. Each response contains a success flag, a timestamp, the base currency, the date of the rates, and the rates themselves. Understanding the structure of the API response is crucial for effectively utilizing the data in your applications.

Common Use Cases for Metals-API

Developers can leverage the Metals-API for various applications, including:

• Building trading platforms that require real-time and historical price data.
• Creating financial dashboards that visualize metal price trends.
• Developing alert systems that notify users of significant price changes.
• Integrating with existing financial applications to enhance data offerings.

Performance Optimization and Security Considerations

When integrating the Metals-API into your applications, it's essential to consider performance optimization strategies. Caching frequently accessed data can reduce API calls and improve response times. Additionally, implementing robust error handling and recovery strategies will ensure that your application remains resilient in the face of API outages or rate limiting.

Security is also paramount. Ensure that your API Key is kept confidential and not exposed in client-side code. Utilize HTTPS for all API requests to protect data in transit.

Conclusion

The Metals-API provides a powerful and flexible solution for accessing gold price data, particularly for developers looking to perform market analysis. With its extensive range of endpoints and capabilities, the API empowers users to build sophisticated applications that leverage real-time and historical data. By understanding the various features and how to implement them, developers can unlock the full potential of precious metals trading.

For further exploration, refer to the Metals-API Supported Symbols page for a comprehensive list of available metal symbols and their specifications. By harnessing the capabilities of the Metals-API, you can stay ahead in the dynamic world of precious metals trading.