How to Get Real-Time Indore Gold 18k (INDO-18k) Prices for Your Application with Metals-API
How to Get Real-Time Indore Gold 18k (INDO-18k) Prices for Your Application with Metals-API
In today's fast-paced financial landscape, accessing real-time market data is crucial for developers and businesses involved in trading precious metals. This blog post will guide you through the process of obtaining real-time Indore Gold 18k (INDO-18k) prices using the Metals-API. We will explore the capabilities of the Metals-API, including its various endpoints, and provide step-by-step instructions on how to implement it in your applications.
Understanding Metals-API
The Metals-API is a powerful tool that provides developers with real-time and historical data on precious metals, including gold, silver, platinum, and palladium. With its innovative technology and comprehensive data analytics, the Metals-API empowers developers to create next-generation applications that can analyze market trends, track price fluctuations, and make informed trading decisions.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of the financial market. Its value is influenced by various factors, including economic stability, inflation rates, and geopolitical events. The digital transformation in precious metals trading has led to the integration of advanced data analytics and market insights, allowing traders to make data-driven decisions. By leveraging the Metals-API, developers can harness the power of technology to innovate price discovery and create digital asset solutions that cater to the evolving needs of the market.
Getting Started with Metals-API
To begin using the Metals-API, you need to sign up for an account on their main website. Once registered, you will receive an API key, which is essential for authenticating your requests. The API key should be included in the access_key parameter of your API calls.
Key Features of Metals-API
The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for various metals, updated frequently based on your subscription plan. You can access the latest rates for gold, silver, platinum, and more.
- Historical Rates Endpoint: Access historical exchange rates dating back to 2019. This feature allows you to analyze past market trends and make informed predictions.
- Bid and Ask Endpoint: Retrieve real-time bid and ask prices for metals, enabling you to understand market dynamics better.
- Convert Endpoint: Easily convert amounts between different metals or to/from USD, simplifying transactions and calculations.
- Time-Series Endpoint: Query daily historical rates between two dates of your choice, allowing for detailed analysis of price movements over time.
- Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
- Carat Endpoint: Retrieve gold rates by carat, which is particularly useful for jewelers and traders dealing in various gold purities.
- Lowest/Highest Price Endpoint: Get the lowest and highest prices for metals over a specified period, helping you identify market trends.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for specific time periods, essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for comprehensive market analysis.
- News Endpoint: Stay updated with the latest news articles related to various metals, enhancing your market awareness.
Example API Calls
Now that you understand the capabilities of the Metals-API, let's explore some example API calls and their responses.
Latest Rates Endpoint
To get real-time exchange rates for all available metals, you can use the following API call:
GET https://metals-api.com/api/latest?access_key=YOUR_API_KEY
Example response:
{
"success": true,
"timestamp": 1765065899,
"base": "USD",
"date": "2025-12-07",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
To access historical exchange rates for any date since 1999, use the following API call:
GET https://metals-api.com/api/historical?access_key=YOUR_API_KEY&date=2025-12-06
Example response:
{
"success": true,
"timestamp": 1764979499,
"base": "USD",
"date": "2025-12-06",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Time-Series Endpoint
To get exchange rates for a specific time period, use the following API call:
GET https://metals-api.com/api/timeseries?access_key=YOUR_API_KEY&start_date=2025-11-30&end_date=2025-12-07
Example response:
{
"success": true,
"timeseries": true,
"start_date": "2025-11-30",
"end_date": "2025-12-07",
"base": "USD",
"rates": {
"2025-11-30": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-02": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-12-07": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Convert Endpoint
To convert any amount from one metal to another or to/from USD, use the following API call:
GET https://metals-api.com/api/convert?access_key=YOUR_API_KEY&from=USD&to=XAU&amount=1000
Example response:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765065899,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
To track rate fluctuations between two dates, use the following API call:
GET https://metals-api.com/api/fluctuation?access_key=YOUR_API_KEY&start_date=2025-11-30&end_date=2025-12-07
Example response:
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-30",
"end_date": "2025-12-07",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
OHLC (Open/High/Low/Close) Price Endpoint
To get OHLC data for a specific time period, use the following API call:
GET https://metals-api.com/api/open-high-low-close?access_key=YOUR_API_KEY&date=2025-12-07
Example response:
{
"success": true,
"timestamp": 1765065899,
"base": "USD",
"date": "2025-12-07",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
To get current bid and ask prices for metals, use the following API call:
GET https://metals-api.com/api/bid-ask?access_key=YOUR_API_KEY
Example response:
{
"success": true,
"timestamp": 1765065899,
"base": "USD",
"date": "2025-12-07",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Common Developer Questions
As you integrate the Metals-API into your applications, you may encounter some common questions:
- How do I handle API rate limits? Each subscription plan comes with specific rate limits. Ensure you monitor your usage and implement error handling to manage rate limit errors gracefully.
- What should I do if I receive an error response? The API provides detailed error messages. Review the error codes and messages to troubleshoot issues effectively.
- How can I optimize my API calls? Consider caching frequently accessed data and minimizing the number of API calls by aggregating requests where possible.
Conclusion
Accessing real-time Indore Gold 18k (INDO-18k) prices through the Metals-API opens up a world of possibilities for developers looking to create innovative applications in the precious metals market. By leveraging the various endpoints and features of the API, you can gain valuable insights into market trends, track price fluctuations, and make informed trading decisions.
For more detailed information, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols to understand the full range of capabilities available to you. With the right implementation strategies and a solid understanding of the API's features, you can harness the power of real-time metals data to enhance your trading applications.