How to Retrieve Chandigarh Gold 24k (CHAN-24k) Historical Prices Using Metals-API

Introduction

In the ever-evolving world of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. For those interested in tracking the historical prices of Chandigarh Gold 24k (CHAN-24k), the Metals-API provides a powerful solution. This blog post will delve into how to retrieve historical prices using the Metals-API, focusing on the capabilities of this innovative API and its relevance in the digital transformation of precious metals trading.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. As the market for precious metals undergoes a digital transformation, the integration of technology and data analytics has become essential for traders and investors alike. The Metals-API stands at the forefront of this transformation, offering real-time data and insights that empower developers to create next-generation applications.

The digital landscape has changed how traders access market insights. With the rise of data analytics, traders can now leverage historical data to make predictions about future price movements. This capability is particularly important in the context of gold trading, where price discovery is influenced by a multitude of factors, including geopolitical events, economic indicators, and market sentiment.

Furthermore, the integration of technology in trading platforms has revolutionized how transactions are executed. The Metals-API provides developers with the tools necessary to innovate in price discovery and create digital asset solutions that enhance trading efficiency and accuracy.

API Description

The Metals-API is a comprehensive JSON API that provides access to real-time and historical data for various metals, including gold, silver, platinum, and palladium. With its robust capabilities, the API empowers developers to build applications that can track price fluctuations, convert currencies, and analyze market trends.

For more detailed information on how to utilize the API, you can refer to the Metals-API Documentation. This resource provides comprehensive guidance on all available endpoints, including their functionalities and usage.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs in the metals trading space. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This endpoint is essential for traders who need to stay informed about current market conditions.

{
    "success": true,
    "timestamp": 1744171278,
    "base": "USD",
    "date": "2025-04-09",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

For those looking to analyze past performance, the Historical Rates endpoint allows users to access historical exchange rates dating back to 2019. By appending a specific date to the API request, developers can retrieve valuable data that can inform trading strategies.

{
    "success": true,
    "timestamp": 1744084878,
    "base": "USD",
    "date": "2025-04-08",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for metals. This information is crucial for traders looking to make quick decisions based on current market conditions.

{
    "success": true,
    "timestamp": 1744171278,
    "base": "USD",
    "date": "2025-04-09",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        },
        "XAG": {
            "bid": 0.0381,
            "ask": 0.0382,
            "spread": 0.0001
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

The Convert endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who operate in multiple currencies and need to quickly assess the value of their holdings.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1744171278,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for traders looking to analyze trends over specific periods.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-02",
    "end_date": "2025-04-09",
    "base": "USD",
    "rates": {
        "2025-04-02": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-04-04": {
            "XAU": 0.000483,
            "XAG": 0.0382
        },
        "2025-04-09": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation endpoint provides information about how currencies fluctuate on a day-to-day basis. This data can help traders understand market volatility and make more informed decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-02",
    "end_date": "2025-04-09",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

Open/High/Low/Close (OHLC) Price Endpoint

The OHLC Price endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is essential for technical analysis and helps traders identify potential entry and exit points.

{
    "success": true,
    "timestamp": 1744171278,
    "base": "USD",
    "date": "2025-04-09",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Historical LME Endpoint

The Historical LME endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for traders who need to analyze long-term trends in the metals market.

{
    "success": true,
    "timestamp": 1744084878,
    "base": "USD",
    "date": "2025-04-08",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825
    },
    "unit": "per troy ounce"
}

API Key and Response

To access the Metals-API, users must obtain an API Key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and authorization when making requests.

Exchange rates delivered by the Metals-API are by default relative to USD. All data is returned in a structured JSON format, making it easy for developers to integrate into their applications.

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. This resource is invaluable for developers looking to understand the various metals available for trading.

Conclusion

In conclusion, the Metals-API offers a robust and innovative solution for retrieving historical prices of Chandigarh Gold 24k (CHAN-24k) and other precious metals. By leveraging the various endpoints available, developers can create applications that provide real-time data, historical insights, and advanced analytics. The integration of technology in precious metals trading is not just a trend; it is a necessity for those looking to thrive in a competitive market.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive documentation available. With the right tools and data, you can enhance your trading strategies and make informed decisions in the dynamic world of precious metals.