How to track Visakhapatnam Gold 24k (VISA-24k) prices using this API
Introduction
Tracking the prices of precious metals like Gold (XAU) has become increasingly important in today's digital economy. With the rise of technology and data analytics, developers now have the tools to access real-time market insights through APIs. One such powerful tool is the Metals-API, which provides comprehensive data on various metals, including the popular 24k Gold, also known as VISA-24k. This blog post will delve into how to track Visakhapatnam Gold 24k prices using the Metals-API, exploring its features, capabilities, and the transformative potential of real-time metals data.
Metals-API Information
About Gold (XAU)
Gold has long been a symbol of wealth and stability, serving as a hedge against inflation and economic uncertainty. In recent years, the digital transformation in precious metals trading has revolutionized how investors and traders access and analyze market data. The integration of data analytics and technology has enabled more informed decision-making, allowing for innovative price discovery and digital asset solutions.
As the demand for real-time data increases, the Metals-API stands out by providing developers with the necessary tools to build next-generation applications. By leveraging this API, developers can access critical market insights, enabling them to create applications that cater to the needs of investors and traders alike.
API Description
The Metals-API is a robust platform that offers real-time and historical data for various metals, including Gold, Silver, Platinum, and Palladium. It empowers developers to create applications that can track prices, analyze trends, and provide valuable insights into the metals market. The API's capabilities include:
- Real-time exchange rates updated frequently based on subscription plans.
- Historical rates dating back to 2019, allowing for comprehensive market analysis.
- Bid and Ask prices for precise trading strategies.
- Currency conversion capabilities for seamless transactions.
- Time-series data for in-depth trend analysis.
- Fluctuation tracking to monitor daily changes in metal prices.
- Carat-specific data for Gold, catering to various market needs.
- OHLC (Open/High/Low/Close) data for detailed market analysis.
- Access to news articles related to metals for informed decision-making.
For more information, you can refer to the Metals-API Documentation, which provides detailed insights into each feature and endpoint.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that serve different purposes, each designed to enhance the user experience and provide valuable data. Hereβs a closer look at some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for all available metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need up-to-the-minute information to make informed decisions.
{
"success": true,
"timestamp": 1768263178,
"base": "USD",
"date": "2026-01-13",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Accessing historical rates is essential for analyzing trends over time. The Historical Rates Endpoint allows users to query rates for any date since 1999. This feature is particularly useful for backtesting trading strategies and understanding market movements.
{
"success": true,
"timestamp": 1768176778,
"base": "USD",
"date": "2026-01-12",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"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 various metals. This information is critical for traders looking to execute buy and sell orders at the best possible prices.
{
"success": true,
"timestamp": 1768263178,
"base": "USD",
"date": "2026-01-13",
"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 need to quickly assess the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1768263178,
"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 conducting in-depth analyses of price movements over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2026-01-06",
"end_date": "2026-01-13",
"base": "USD",
"rates": {
"2026-01-06": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-01-08": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-01-13": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides insights into how metal prices fluctuate on a day-to-day basis. Users can track rate fluctuations between two dates, which is essential for understanding market volatility.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-06",
"end_date": "2026-01-13",
"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 provides users with the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on candlestick patterns and other technical analysis methods.
{
"success": true,
"timestamp": 1768263178,
"base": "USD",
"date": "2026-01-13",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Carat Endpoint
The Carat Endpoint allows users to retrieve information about Gold rates by Carat. This feature is particularly useful for jewelers and consumers looking to understand the value of Gold based on its purity.
{
"success": true,
"timestamp": 1768263178,
"base": "USD",
"date": "2026-01-13",
"rates": {
"XAU": {
"carat_24": 0.000482,
"carat_22": 0.000442,
"carat_18": 0.000371
}
},
"unit": "per troy ounce"
}
Lowest/Highest Price Endpoint
The Lowest/Highest Price Endpoint allows users to query the API to get the lowest and highest price of a metal for a specified date. This feature is useful for traders looking to identify key support and resistance levels.
{
"success": true,
"timestamp": 1768263178,
"base": "USD",
"date": "2026-01-13",
"rates": {
"XAU": {
"lowest": 0.000481,
"highest": 0.000487
}
},
"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 users interested in analyzing the London Metal Exchange prices.
{
"success": true,
"timestamp": 1768263178,
"base": "USD",
"date": "2026-01-13",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815
},
"unit": "per troy ounce"
}
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 integrate specific metals into their applications.
Conclusion
In conclusion, the Metals-API offers a powerful suite of tools for tracking Visakhapatnam Gold 24k prices and other precious metals. With its extensive range of endpoints, developers can access real-time data, historical trends, and valuable market insights. By leveraging this API, developers can create innovative applications that cater to the needs of traders and investors in the ever-evolving metals market.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation and usage.