Get the latest market trends for Patna Gold 22k (PATN-22k) prices using this API

In the ever-evolving world of precious metals trading, staying updated with the latest market trends is crucial for investors and traders alike. One of the most sought-after metals is Gold, specifically the 22k variant known as Patna Gold (PATN-22k). To effectively track and analyze the price movements of Patna Gold, developers can leverage the power of the Metals-API. This API provides real-time data and insights into the gold market, enabling users to make informed decisions based on accurate and timely information.

Understanding Gold (XAU) in the Market

Gold has long been regarded as a safe-haven asset, especially during times of economic uncertainty. The digital transformation in the precious metals market has led to a significant shift in how traders and investors access and analyze gold prices. With the advent of data analytics and market insights, stakeholders can now utilize advanced technology to integrate trading strategies and enhance their decision-making processes.

One of the key innovations in this space is the integration of technology in price discovery. The Metals-API plays a pivotal role in this transformation by providing developers with the tools needed to build next-generation applications that can access real-time metals data. This API empowers users to create applications that not only track current prices but also analyze historical trends, making it an invaluable resource for anyone involved in the gold market.

API Capabilities and Features

The Metals-API offers a wide range of features that cater to the diverse needs of developers and traders. By utilizing this API, users can access various endpoints that provide essential data regarding gold prices and other precious metals. Here are some of the key features:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This ensures that users have access to the most current market information.
• Historical Rates Endpoint: Users can access historical rates dating back to 2019. By appending a specific date to the API request, developers can retrieve past price data, which is crucial for trend analysis.
• Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for gold and other metals, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint that enables users to convert amounts from one metal to another or to/from USD, facilitating easier transactions and comparisons.
• Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, making it easier to analyze price movements over specific periods.
• Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
• Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers looking to understand the value of their gold items.
• Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for gold over a specified period, aiding in investment decisions.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides users with the open, high, low, and close prices for gold, which are 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 that must be included in requests to authenticate and authorize access to the API.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Supported Symbols Endpoint: This endpoint returns all available currencies and metals, providing users with a comprehensive list of options.
• Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local investors.
• News Endpoint: Stay updated with the latest news articles related to various metals, helping users stay informed about market developments.

Detailed API Endpoint Examples

To illustrate the capabilities of the Metals-API, let's explore some example responses for various endpoints:

Latest Rates Endpoint

This endpoint provides real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1756548104,
    "base": "USD",
    "date": "2025-08-30",
    "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": 1756461704,
    "base": "USD",
    "date": "2025-08-29",
    "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": "2025-08-23",
    "end_date": "2025-08-30",
    "base": "USD",
    "rates": {
        "2025-08-23": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-08-25": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-08-30": {
            "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": 1756548104,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-08-23",
    "end_date": "2025-08-30",
    "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) Price Endpoint

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1756548104,
    "base": "USD",
    "date": "2025-08-30",
    "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": 1756548104,
    "base": "USD",
    "date": "2025-08-30",
    "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"
}

Common Use Cases and Integration Strategies

Developers can utilize the Metals-API in various ways to enhance their applications and services. Here are some common use cases:

• Trading Platforms: Integrate real-time gold prices into trading platforms to provide users with up-to-date information for making informed trading decisions.
• Investment Analysis Tools: Build tools that analyze historical price data and trends, helping investors identify potential investment opportunities.
• Market Research Applications: Create applications that aggregate news and data related to gold prices, providing users with comprehensive market insights.
• Financial Dashboards: Develop dashboards that visualize gold price movements, fluctuations, and trends, allowing users to monitor the market effectively.

Performance Optimization and Security Considerations

When integrating the Metals-API into applications, developers should consider performance optimization strategies. Caching frequently accessed data can significantly reduce response times and API calls, enhancing user experience. Additionally, implementing robust error handling and recovery strategies is essential to ensure application reliability.

Security is paramount when dealing with financial data. Developers should ensure that API keys are stored securely and not exposed in client-side code. Rate limiting and quota management should also be implemented to prevent abuse and ensure fair usage of the API.

Conclusion

The Metals-API is a powerful tool for developers looking to access real-time and historical data on precious metals, particularly gold. By leveraging its extensive features and capabilities, users can build innovative applications that provide valuable insights into the gold market. Whether you are developing a trading platform, an investment analysis tool, or a market research application, the Metals-API offers the resources needed to succeed.

For more information on how to get started, visit the Metals-API Documentation and explore the comprehensive Metals-API Supported Symbols list. Stay ahead of the market trends and make informed decisions with the help of this innovative API.