Get Pondicherry Gold 24k (POND-24k) Price Data for Analysis with Metals-API

Pondicherry Gold 24k (POND-24k) price data and how to effectively retrieve historical prices using the Metals-API. We will explore the features of the API, its endpoints, and how it can empower developers to create innovative applications that leverage precious metals data.

Metals-API Information

About Gold (XAU)

XAU, has long been considered a safe haven asset and a hedge against inflation. As digital transformation sweeps across various sectors, the precious metals market is also undergoing significant changes. The integration of data analytics and technology in trading has opened new avenues for market insights and price discovery. Developers can now utilize advanced digital asset solutions to analyze gold prices and trends effectively.

API Description

Real-time exchange rate data updated frequently based on subscription plans.
Access to historical rates dating back to 2019, allowing for comprehensive analysis.
Endpoints for bid and ask prices, currency conversion, and time-series data.
Detailed information on price fluctuations, open/high/low/close (OHLC) prices, and more.

Metals-API Website or check out the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1744174890,
    "base": "USD",
    "date": "2025-04-09",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1744088490,
    "base": "USD",
    "date": "2025-04-08",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

{
    "success": true,
    "timestamp": 1744174890,
    "base": "USD",
    "date": "2025-04-09",
    "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

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1744174890,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-02",
    "end_date": "2025-04-09",
    "base": "USD",
    "rates": {
        "2025-04-02": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-04-04": {
            "XAU": 0.000483,
            "XAG": 0.0382
        },
        "2025-04-09": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-02",
    "end_date": "2025-04-09",
    "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

{
    "success": true,
    "timestamp": 1744174890,
    "base": "USD",
    "date": "2025-04-09",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Historical LME Endpoint

List of Symbols

Metals-API Supported Symbols page.

API Response Details

success: Indicates whether the API request was successful.
timestamp: The time at which the data was retrieved.
base: The base currency for the exchange rates.
date: The date for which the rates are applicable.
rates: An object containing the exchange rates for various metals.
unit: The unit of measurement for the rates, typically per troy ounce.

Common Use Cases and Integration Strategies

Trading Platforms: Integrate real-time price data to provide users with up-to-date information for making trading decisions.
Market Analysis Tools: Build analytical tools that utilize historical data to identify trends and forecast future prices.
Investment Applications: Create applications that help users track their investments in precious metals and analyze performance over time.

Implement caching mechanisms to reduce API calls and improve performance.
Utilize webhooks for real-time notifications on price changes.
Ensure robust error handling to manage API response failures gracefully.

Performance Optimization and Security Considerations

Minimize the frequency of API calls by using caching and batching requests.
Optimize data processing by filtering and aggregating data on the client side.
Monitor API usage to stay within rate limits and avoid throttling.

Use HTTPS to encrypt data in transit.
Implement authentication and authorization measures to protect API keys.
Regularly review and update security practices to mitigate vulnerabilities.

Conclusion

Metals-API Documentation for detailed guidance on implementation and best practices. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of available symbols for your applications.

Ready to use Metals-API?

Try it now!

Get Pondicherry Gold 24k (POND-24k) Price Data for Analysis with Metals-API