Home
Blog
Get Raipur Gold 24k (RAIP-24k) price data for machine learning using this API

Get Raipur Gold 24k (RAIP-24k) price data for machine learning using this API

Get Raipur Gold 24k (RAIP-24k) price data for machine learning using this API

Get Raipur Gold 24k (RAIP-24k) Price Data for Machine Learning Using This API

In the rapidly evolving landscape of financial technology, the demand for precise and real-time data has never been higher. For developers and data scientists working with precious metals, having access to reliable and up-to-date information is crucial. This is where the Metals-API comes into play, offering a powerful solution for obtaining gold price data, including Raipur Gold 24k (RAIP-24k). In this blog post, we will delve into the intricacies of the Metals-API, explore its capabilities, and discuss how it can be leveraged for machine learning applications.

Metals-API Information

The Metals-API is designed to provide developers with access to real-time and historical data for various metals, including gold, silver, platinum, and palladium. This API is particularly beneficial for those looking to integrate precious metals data into their applications, whether for trading, analytics, or machine learning purposes. By utilizing the Metals-API, developers can harness the power of data analytics and market insights to drive innovation in price discovery and trading strategies.

About Gold (XAU)

Gold, represented by the symbol XAU, is one of the most sought-after precious metals in the world. Its value is influenced by a myriad of factors, including market demand, geopolitical stability, and economic indicators. The digital transformation in the precious metals market has led to an increased reliance on data analytics and technology integration in trading practices. By utilizing real-time data from the Metals-API, developers can create applications that provide insights into market trends, enabling better decision-making.

Moreover, the integration of technology in trading has revolutionized the way investors interact with gold. With the Metals-API, developers can build applications that not only track current prices but also analyze historical data to identify patterns and trends. This capability is essential for machine learning models that require extensive datasets for training and validation.

API Description

The Metals-API is a robust platform that empowers developers to access a wide range of functionalities related to precious metals. Its innovative design allows for seamless integration into various applications, enabling users to retrieve real-time and historical data effortlessly. The API's capabilities include fetching the latest rates, historical rates, bid and ask prices, and much more.

For more detailed information about the API's features, you can visit the Metals-API Documentation. This resource provides comprehensive guidance on how to utilize the API effectively.

Key Features and Endpoints

The Metals-API offers a plethora of endpoints, each designed to cater to specific data needs. Here are some of the key features:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data for metals, updated every 60 minutes or 10 minutes. This is crucial for applications that require the most current pricing information.
  • Historical Rates Endpoint: Access historical rates dating back to 2019. This endpoint allows users to query for specific dates, making it ideal for backtesting trading strategies or analyzing long-term trends.
  • Bid And Ask Endpoint: Retrieve real-time bid and ask prices for metals, which is essential for traders looking to make informed decisions based on market spreads.
  • Convert Endpoint: This feature enables users to convert amounts from one metal to another or to/from USD, facilitating easy calculations for transactions.
  • Time-Series Endpoint: Query daily historical rates between two chosen dates, allowing for in-depth analysis of price movements over time.
  • Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
  • Carat Endpoint: Retrieve gold rates by carat, which is particularly useful for jewelers and consumers interested in specific gold purity levels.
  • Lowest/Highest Price Endpoint: Get the lowest and highest prices for a specified date, which can be beneficial for understanding market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Access open, high, low, and close prices for a specific date, essential for technical analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for comprehensive market analysis.
  • API Key: Each user is provided with a unique API key, which is essential for authentication and accessing the API's features.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API includes 14 different endpoints, each providing unique functionalities tailored to various user needs.
  • Supported Symbols Endpoint: This endpoint returns all available currencies and metals, ensuring users are aware of the options at their disposal.
  • News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.

For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
"success": true,
"timestamp": 1767485650,
"base": "USD",
"date": "2026-01-04",
"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": 1767399250,
"base": "USD",
"date": "2026-01-03",
"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": "2025-12-28",
"end_date": "2026-01-04",
"base": "USD",
"rates": {
"2025-12-28": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-30": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-04": {
"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": 1767485650,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
"success": true,
"fluctuation": true,
"start_date": "2025-12-28",
"end_date": "2026-01-04",
"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": 1767485650,
"base": "USD",
"date": "2026-01-04",
"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": 1767485650,
"base": "USD",
"date": "2026-01-04",
"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

The Metals-API offers a comprehensive solution for developers seeking to integrate precious metals data into their applications. With its extensive range of endpoints, real-time data capabilities, and historical insights, the API empowers users to make informed decisions based on accurate market information. By leveraging the power of the Metals-API, developers can create innovative applications that enhance trading strategies and provide valuable market insights.

For further exploration of the API's capabilities, visit the Metals-API Website and start building your next project with the power of real-time metals data.

Ready to use Metals-API?

Try it now!

Search

Related Posts

Recent Posts