How to Get Jaipur Gold 24k (JAIP-24k) Historical Prices with Metals-API

How to Get Jaipur Gold 24k (JAIP-24k) Historical Prices with Metals-API

In the ever-evolving landscape of precious metals trading, obtaining accurate historical prices for commodities like Jaipur Gold 24k (JAIP-24k) is crucial for investors, traders, and analysts. The Metals-API provides a robust solution for accessing real-time and historical data on various metals, including gold. This blog post will delve into the intricacies of the Metals-API, focusing on how to retrieve historical prices effectively while exploring the broader implications of digital transformation in the precious metals market.

Metals-API Information

The Metals-API is a powerful tool designed for developers and businesses that require precise and timely data on metal prices. With its comprehensive suite of features, the API empowers users to build applications that can analyze market trends, track price fluctuations, and make informed trading decisions. The API supports a wide range of metals, including gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD), among others. For a complete list of supported symbols, visit the Metals-API Supported Symbols page.

About Gold (XAU)

Gold has long been regarded as a safe-haven asset and a hedge against inflation. In recent years, the digital transformation of the precious metals market has led to significant advancements in data analytics and market insights. The integration of technology in trading has revolutionized how investors access and interpret market data. With the rise of digital asset solutions, traders can now leverage real-time data to enhance their decision-making processes.

As the demand for gold continues to grow, the need for accurate pricing information becomes increasingly important. The Metals-API provides a seamless way to access historical gold prices, allowing users to analyze trends over time and make data-driven decisions. By utilizing the API, developers can create applications that not only track current prices but also provide insights into historical performance, enabling users to forecast future trends.

API Description

The Metals-API is designed with innovation and technological advancement in mind. It offers a range of endpoints that cater to various data needs, from real-time pricing to historical data analysis. This API empowers developers to build next-generation applications that can harness the transformative potential of real-time metals data.

One of the standout features of the Metals-API is its ability to deliver data in a user-friendly JSON format. This makes it easy for developers to integrate the API into their applications, regardless of their programming language. The API's capabilities extend beyond mere price retrieval; it also offers functionalities such as currency conversion, fluctuation tracking, and detailed historical data analysis.

Key Features and Endpoints

The Metals-API provides several key features that enhance its usability and functionality:

  • 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 feature is essential for traders who need to stay updated on market movements.
  • Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API call, developers can retrieve historical price data for analysis.
  • Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert any amount from one currency to another, facilitating seamless transactions.
  • 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 trends over specific periods.
  • Fluctuation Endpoint: Users can track how currencies fluctuate on a day-to-day basis, providing valuable insights into market volatility.
  • Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, catering to jewelers and consumers alike.
  • Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, essential for technical analysis.
  • Historical LME Endpoint: Users can access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
  • API Key: Each user is assigned a unique API key that must be included in API requests to authenticate access.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API offers a variety of endpoints, each providing different functionalities to meet diverse user needs.
  • Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold price in India, catering to a specific market segment.
  • News Endpoint: Users can access the latest news articles related to various metals, keeping them informed about market developments.

API Endpoint Examples and Responses

To illustrate the functionality of the Metals-API, here are some example responses for various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1744948894,
    "base": "USD",
    "date": "2025-04-18",
    "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

{
    "success": true,
    "timestamp": 1744862494,
    "base": "USD",
    "date": "2025-04-17",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-11",
    "end_date": "2025-04-18",
    "base": "USD",
    "rates": {
        "2025-04-11": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-13": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-18": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1744948894,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-11",
    "end_date": "2025-04-18",
    "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

{
    "success": true,
    "timestamp": 1744948894,
    "base": "USD",
    "date": "2025-04-18",
    "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

{
    "success": true,
    "timestamp": 1744948894,
    "base": "USD",
    "date": "2025-04-18",
    "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 offers a comprehensive solution for accessing historical prices of Jaipur Gold 24k (JAIP-24k) and other precious metals. By leveraging the API's various endpoints, developers can create powerful applications that provide real-time insights and historical data analysis. The integration of technology in the precious metals market is transforming how traders and investors access information, enabling them to make informed decisions based on accurate data.

For more information on how to implement the Metals-API in your applications, refer to the Metals-API Documentation. To explore the full range of supported symbols, visit the Metals-API Supported Symbols page. Embrace the future of precious metals trading with the innovative capabilities of the Metals-API.

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