Get Salem Gold 24k (SALE-24k) Historical Prices with Metals-API

Get Salem Gold 24k (SALE-24k) Historical Prices with Metals-API

In the ever-evolving landscape of precious metals trading, having access to accurate and timely data is paramount. For developers and traders alike, the Metals-API offers a robust solution for retrieving historical prices, particularly for gold, represented by the symbol XAU. This blog post delves into the intricacies of the Metals-API, exploring how to harness its capabilities to access historical prices of Salem Gold 24k (SALE-24k) and other precious metals.

Metals-API Information

The Metals-API is a powerful tool designed for developers who need real-time and historical data on various metals, including gold, silver, platinum, and palladium. By leveraging this API, developers can create applications that provide insights into market trends, price fluctuations, and trading opportunities. The API's innovative approach to data analytics and technology integration allows for seamless access to vital information, empowering users to make informed decisions in the precious metals market.

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 of precious metals has opened new avenues for trading and investment. The integration of data analytics into gold trading has enabled market participants to gain deeper insights into price movements and trends.

With the rise of digital asset solutions, gold is no longer just a physical commodity; it has become a digital asset that can be traded in real-time. The Metals-API plays a crucial role in this transformation, providing developers with the tools necessary to build applications that can track gold prices, analyze historical data, and even convert between different currencies.

API Description

The Metals-API is designed to be user-friendly while offering extensive capabilities. It provides access to a variety of endpoints that allow users to retrieve real-time and historical data on precious metals. The API is built with innovation in mind, enabling developers to create next-generation applications that can leverage real-time metals data for various use cases.

For more information, visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

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

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for precious metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or every 10 minutes, ensuring you have the most current data available.
  • Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical prices for gold and other metals, making it an invaluable resource for trend analysis.
  • Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The conversion endpoint enables users to convert amounts between different currencies or metals, facilitating seamless transactions and calculations.
  • Time-Series Endpoint: This endpoint allows users to query daily historical rates between two specified dates, making it ideal for analyzing price trends over time.
  • Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, providing insights into market volatility and price stability.
  • Carat Endpoint: This unique feature allows users to retrieve gold rates by carat, catering to specific market needs.
  • Lowest/Highest Price Endpoint: Users can query the API to find the lowest and highest prices for a specified date, aiding in market analysis and decision-making.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides detailed price data, including open, high, low, and close prices for a specific time period, essential for technical analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
  • API Key: Each user is assigned a unique API key, which is required for authentication and access to the API's features.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, catering to regional market needs.
  • News Endpoint: Stay updated with the latest news articles related to various metals, providing context and insights into market movements.

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.

API Endpoint Examples and Responses

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1742256752,
    "base": "USD",
    "date": "2025-03-18",
    "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": 1742170352,
    "base": "USD",
    "date": "2025-03-17",
    "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": "2025-03-11",
    "end_date": "2025-03-18",
    "base": "USD",
    "rates": {
        "2025-03-11": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-13": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-03-18": {
            "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": 1742256752,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-11",
    "end_date": "2025-03-18",
    "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": 1742256752,
    "base": "USD",
    "date": "2025-03-18",
    "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": 1742256752,
    "base": "USD",
    "date": "2025-03-18",
    "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

In conclusion, the Metals-API provides a comprehensive suite of tools for accessing historical prices and real-time data for precious metals like gold. By utilizing its various endpoints, developers can create applications that offer valuable insights into market trends, price fluctuations, and trading opportunities. The API's innovative features, such as the historical rates and time-series endpoints, empower users to analyze data effectively and make informed decisions.

For developers looking to integrate precious metals data into their applications, the Metals-API is an invaluable resource. With its extensive documentation and support for a wide range of symbols, including gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD), the API is well-equipped to meet the needs of the modern trading environment. Explore the Metals-API Documentation for more details on implementation and best practices.

As the market for precious metals continues to evolve, staying informed and equipped with the right tools is essential. The Metals-API not only simplifies access to critical data but also enhances the ability to analyze and respond to market changes swiftly. Embrace the future of precious metals trading with the Metals-API and unlock the potential of real-time data at your fingertips.

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