How to Access Ahmedabad Gold 24k (AHME-24k) Historical Prices via Metals-API

How to Access Ahmedabad Gold 24k (AHME-24k) Historical Prices via Metals-API

Accessing historical prices for Ahmedabad Gold 24k (AHME-24k) can be a crucial aspect for traders, investors, and developers interested in the precious metals market. With the rise of digital transformation in trading and data analytics, having access to real-time and historical data is essential for making informed decisions. The Metals-API provides a robust solution for retrieving historical prices and other valuable data related to gold and other metals. In this blog post, we will explore how to effectively access and utilize the Metals-API to obtain historical prices for gold, specifically focusing on the AHME-24k symbol.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and a safe haven asset. In recent years, the digital transformation in precious metals trading has revolutionized how investors and traders access market data. With the integration of technology in trading, data analytics has become a vital tool for gaining market insights. The Metals-API stands at the forefront of this transformation, offering developers the ability to build next-generation applications that leverage real-time metals data.

Through the Metals-API, users can access a wealth of information, including historical prices, market fluctuations, and conversion rates. This API empowers developers to create innovative digital asset solutions that enhance trading strategies and improve decision-making processes. By utilizing advanced data analytics, users can gain insights into market trends, optimize trading strategies, and ultimately drive profitability.

API Description

The Metals-API is designed to provide comprehensive access to metals prices and currency conversion data. It offers a variety of endpoints that cater to different needs, whether you are looking for the latest rates, historical data, or specific market insights. The API's capabilities are extensive, allowing developers to harness the power of real-time data to build applications that can respond to market changes instantaneously.

For more information about the API, you can 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 variety of endpoints that provide different functionalities. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint returns real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes.
  • Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API call. This feature is particularly useful for analyzing trends over time.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing.
  • Convert Endpoint: The conversion endpoint enables users to convert amounts between different metals or to/from USD, facilitating easy calculations for traders.
  • Time-Series Endpoint: This endpoint allows users to query daily historical rates between two chosen dates, 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.
  • Carat Endpoint: This feature allows users to retrieve gold rates by carat, which is essential for jewelers and gold traders.
  • Lowest/Highest Price Endpoint: This endpoint enables users to query the lowest and highest prices for a specified date, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for a specific date, which is crucial for technical analysis.
  • Historical LME Endpoint: This endpoint provides access to 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 API requests to authenticate access.
  • API Response: The API returns exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API offers a constantly updated list of available endpoints, ensuring users have access to the latest features.
  • Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold prices in India, which is particularly relevant for local traders.
  • News Endpoint: Users can access the latest news articles related to various metals, keeping them informed about market developments.

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

Understanding the API responses is crucial for effective implementation. Below are examples of various API endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1743818521,
    "base": "USD",
    "date": "2025-04-05",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

This response indicates the latest exchange rates for various metals, with XAU representing gold.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1743732121,
    "base": "USD",
    "date": "2025-04-04",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows historical rates for a specific date, allowing users to analyze past market performance.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-29",
    "end_date": "2025-04-05",
    "base": "USD",
    "rates": {
        "2025-03-29": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-31": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-05": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time series of exchange rates over a specified period, which is invaluable for trend analysis.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1743818521,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This example demonstrates how to convert a specified amount from USD to gold (XAU), providing the result in troy ounces.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-29",
    "end_date": "2025-04-05",
    "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"
}

This response provides insights into how prices have fluctuated over a specified period, which is essential for understanding market dynamics.

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1743818521,
    "base": "USD",
    "date": "2025-04-05",
    "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"
}

This endpoint provides open, high, low, and close prices for a specific date, which is critical for traders performing technical analysis.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1743818521,
    "base": "USD",
    "date": "2025-04-05",
    "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"
}

This response provides the current bid and ask prices for metals, which is essential for traders looking to execute orders at the best possible prices.

Conclusion

Accessing historical prices for Ahmedabad Gold 24k (AHME-24k) through the Metals-API is a straightforward process that can significantly enhance trading strategies and market analysis. By leveraging the various endpoints offered by the API, developers can create powerful applications that provide real-time data, historical insights, and market trends. The integration of technology in trading has opened new avenues for data analytics and market insights, allowing traders to make informed decisions based on accurate and timely information.

For those looking to dive deeper into the capabilities of the Metals-API, I encourage you to explore the Metals-API Documentation for detailed guidance on implementation and usage. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of available symbols, ensuring you have access to the data you need. By utilizing the Metals-API, you can stay ahead in the ever-evolving world of precious metals trading.

Ready to use Metals-API?

Try it now!

Recent Posts