Get Raipur Gold 24k (RAIP-24k) prices using this API

Introduction

In the world of precious metals trading, accurate and real-time 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 the latest Raipur Gold 24k (RAIP-24k) prices, the Metals-API offers a powerful solution. This blog post will delve into the capabilities of the Metals-API, exploring how it can transform the way you access and analyze gold prices and other metal data.

Metals-API Information

About Gold (XAU)

Gold has long been a symbol of wealth and stability, often serving as a hedge against inflation and economic uncertainty. In recent years, the digital transformation in precious metals has revolutionized how traders and investors access market data. The integration of data analytics and technology in trading has paved the way for innovative solutions in price discovery and digital asset management.

The Metals-API stands at the forefront of this transformation, providing developers with the tools needed to build next-generation applications that leverage real-time metals data. By utilizing the API, developers can gain insights into market trends, analyze historical data, and make informed trading decisions based on accurate and timely information.

API Description

The Metals-API is designed to empower developers with real-time access to metals prices, including gold, silver, platinum, and palladium. With its comprehensive capabilities, the API allows for seamless integration into various applications, enabling users to retrieve the latest rates, historical data, and much more.

One of the standout features of the Metals-API is its ability to provide real-time exchange rate data, updated at intervals based on the user's subscription plan. This ensures that traders have access to the most current information, allowing them to react swiftly to market changes.

For detailed information on how to utilize the API, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on implementation and usage.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to fulfill specific needs within the realm of metals trading. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for all available metals. Depending on your subscription plan, the API can return updates every 60 minutes or even every 10 minutes. This feature is essential for traders who need to stay informed about the latest market movements.

{
    "success": true,
    "timestamp": 1743732021,
    "base": "USD",
    "date": "2025-04-04",
    "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 trends over time, the Historical Rates Endpoint allows users to access exchange rates dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data that is invaluable for market analysis.

{
    "success": true,
    "timestamp": 1743645621,
    "base": "USD",
    "date": "2025-04-03",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for metals. This information is crucial for traders looking to make quick decisions based on the current market conditions.

{
    "success": true,
    "timestamp": 1743732021,
    "base": "USD",
    "date": "2025-04-04",
    "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 users 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": 1743732021,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two specified dates. This feature is essential for conducting in-depth analyses of price movements over time.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-28",
    "end_date": "2025-04-04",
    "base": "USD",
    "rates": {
        "2025-03-28": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-04-04": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how metal prices fluctuate on a day-to-day basis. This information is vital for traders looking to understand market volatility and make informed decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-28",
    "end_date": "2025-04-04",
    "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 allows users to retrieve the open, high, low, and close prices for a specific time period. This data is essential for technical analysis and understanding market trends.

{
    "success": true,
    "timestamp": 1743732021,
    "base": "USD",
    "date": "2025-04-04",
    "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 endpoint is particularly useful for traders interested in the London Metal Exchange data.

{
    "success": true,
    "timestamp": 1743732021,
    "base": "USD",
    "date": "2025-04-04",
    "rates": {
        "XAU": {
            "rate": 0.000482
        }
    },
    "unit": "per troy ounce"
}

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 multiple metals into their applications.

Conclusion

The Metals-API is a transformative tool for developers and traders in the precious metals market. By providing real-time access to gold prices and other metal data, the API empowers users to make informed decisions based on accurate and timely information. With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion tools, the API offers a comprehensive solution for accessing and analyzing metals data.

For those looking to dive deeper into the capabilities of the Metals-API, the Metals-API Documentation is an essential resource. It provides detailed guidance on implementation, usage, and best practices for leveraging the API effectively. As the digital landscape continues to evolve, the Metals-API stands out as a key player in the integration of technology and trading in the precious metals market.

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