How to Get Coimbatore Gold (XAU-COIM) prices using this API for Your Trading Application

How to Get Coimbatore Gold (XAU-COIM) Prices Using This API for Your Trading Application

In the ever-evolving landscape of trading applications, the ability to access real-time data is paramount, especially when it comes to precious metals like gold. The Metals-API provides a robust solution for developers looking to integrate gold prices, specifically the Coimbatore Gold (XAU-COIM) prices, into their trading applications. This blog post will delve into the intricacies of the Metals-API, exploring its features, capabilities, and how it can empower developers to create innovative trading solutions.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of financial markets and a safe haven for investors. As digital transformation sweeps through the financial sector, the integration of technology in trading applications has become essential. The Metals-API stands at the forefront of this transformation, offering developers the tools needed to harness data analytics and market insights effectively.

With the rise of digital asset solutions, the demand for accurate and timely gold pricing has surged. The Metals-API not only provides real-time pricing but also facilitates innovation in price discovery, enabling traders to make informed decisions based on the latest market trends. By leveraging data analytics, developers can create applications that analyze historical trends, predict future movements, and optimize trading strategies.

API Description

The Metals-API is a powerful tool designed for developers seeking to access real-time metals data. It empowers users to build next-generation applications that can respond to market changes instantaneously. The API offers a variety of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data and fluctuations.

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

Key Features and Endpoints

The Metals-API boasts an array of endpoints, each designed to provide specific functionalities that can enhance trading applications. Here are some of the key features:

Latest Rates Endpoint: This endpoint returns real-time exchange rate data for gold and other metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes, every 10 minutes, or even more frequently.
Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is invaluable for trend analysis.
Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: Easily convert amounts between different metals or to/from USD. This endpoint is particularly useful for traders dealing with multiple currencies.
Time-Series Endpoint: Query daily historical rates between two dates of your choice, allowing for in-depth analysis of price movements over time.
Fluctuation Endpoint: Track how prices fluctuate on a day-to-day basis, providing insights into market volatility.
Carat Endpoint: Retrieve gold rates by carat, which is essential for jewelers and traders dealing in various purities of gold.
Lowest/Highest Price Endpoint: Get the lowest and highest prices for a specified date, helping traders identify market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for specific time periods, which is crucial for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
API Key: Each user is assigned a unique API key that must be included in requests to authenticate access.
API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: The API includes 14 endpoints, each serving a unique purpose, allowing for extensive data retrieval and analysis.
Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
News Endpoint: Retrieve the latest news articles related to various metals, keeping traders informed of market-moving events.

For a complete list of supported symbols, developers can refer to the Metals-API Supported Symbols page.

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": 1763262061,
    "base": "USD",
    "date": "2025-11-16",
    "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": 1763175661,
    "base": "USD",
    "date": "2025-11-15",
    "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": "2025-11-09",
    "end_date": "2025-11-16",
    "base": "USD",
    "rates": {
        "2025-11-09": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-11-11": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-11-16": {
            "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": 1763262061,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-11-09",
    "end_date": "2025-11-16",
    "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": 1763262061,
    "base": "USD",
    "date": "2025-11-16",
    "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": 1763262061,
    "base": "USD",
    "date": "2025-11-16",
    "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 offers a comprehensive suite of features that empower developers to integrate real-time gold prices, including Coimbatore Gold (XAU-COIM), into their trading applications. By leveraging the various endpoints, developers can access the latest rates, historical data, and fluctuations, enabling them to create innovative solutions that meet the demands of modern trading.

As the financial landscape continues to evolve, the importance of accurate and timely data cannot be overstated. The Metals-API stands as a vital resource for developers looking to harness the power of data analytics and technology integration in their trading applications. For more information, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation.

By utilizing the Metals-API, developers can ensure they are equipped with the tools necessary to navigate the complexities of the precious metals market, ultimately leading to more informed trading decisions and enhanced application performance.

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How to Get Coimbatore Gold (XAU-COIM) prices using this API for Your Trading Application