Implement this API to Access Indore Gold 24k (INDO-24k) Historical Prices
Implement this API to Access Indore Gold 24k (INDO-24k) Historical Prices
In the world of precious metals trading, access to accurate and timely data is crucial for making informed decisions. One of the most sought-after metals is gold, represented by the symbol XAU. With the rise of digital transformation in the financial sector, developers now have the opportunity to leverage advanced APIs to access historical prices and real-time data. One such powerful tool is the Metals-API, which provides comprehensive access to gold prices and other metals. This blog post will delve into how to utilize the Metals-API to access historical prices for Indore Gold 24k (INDO-24k) and explore the innovative features that make this API a game-changer in the precious metals market.
About Gold (XAU)
Gold has long been considered a safe haven asset, especially during times of economic uncertainty. The digital transformation in precious metals trading has enabled investors and developers to access data analytics and market insights that were previously unavailable. By integrating technology into trading practices, stakeholders can now innovate price discovery methods and utilize digital asset solutions to enhance their trading strategies.
With the Metals-API, developers can access real-time and historical data, enabling them to build applications that provide insights into market trends, price fluctuations, and investment opportunities. The API's capabilities empower users to make data-driven decisions, ensuring they stay ahead in the competitive landscape of precious metals trading.
API Description
The Metals-API is designed to provide developers with a robust platform for accessing real-time and historical metals data. It offers a variety of endpoints that cater to different needs, from retrieving the latest rates to accessing historical prices dating back to 2019. This API is not just a data source; it is a transformative tool that allows developers to create next-generation applications that can analyze and visualize precious metals data.
For more information on how to get started, you can check the Metals-API Documentation, which provides detailed guidance on using the API effectively.
Key Features and Endpoints
The Metals-API boasts a range of features that cater to various use cases. Here are some of the key endpoints that developers can utilize:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on the subscription plan. This feature is essential for traders who need the most current pricing information.
- Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices, which is invaluable for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
- Time-Series Endpoint: Developers can query the API for daily historical rates between two chosen dates, allowing for comprehensive analysis of price movements over time.
- Fluctuation Endpoint: This endpoint provides information about how metal prices fluctuate on a day-to-day basis, helping traders understand market volatility.
- Carat Endpoint: Users can retrieve gold rates by carat, which is essential for jewelers and consumers looking to buy or sell gold jewelry.
- Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices of metals over a specified period, aiding in investment decision-making.
- Open/High/Low/Close (OHLC) Price Endpoint: Developers can access OHLC data for specific time periods, providing a comprehensive view of price movements and trends.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, which is crucial for those involved in trading on the London Metal Exchange.
- API Key: Each user is assigned a unique API key that must be included in the API requests to authenticate and authorize access to the data.
- API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency and ease of use for developers.
- Available Endpoints: The API features 14 endpoints, each offering distinct functionalities to cater to various user needs.
- 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: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.
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 various metals into their applications.
API Endpoint Examples and Responses
Understanding the API responses is crucial for effective implementation. Below are examples of JSON responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1768176881,
"base": "USD",
"date": "2026-01-12",
"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"
}
This response indicates the current exchange rates for various metals, with XAU (Gold) priced at 0.000482 per troy ounce. Developers can use this data to display real-time prices in their applications.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1768090481,
"base": "USD",
"date": "2026-01-11",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows how to access historical rates for a specific date, allowing developers to analyze past market performance.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2026-01-05",
"end_date": "2026-01-12",
"base": "USD",
"rates": {
"2026-01-05": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-07": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-12": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides daily historical rates over a specified period, which is essential for trend analysis and forecasting.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1768176881,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example illustrates how to convert a specified amount from one currency to another, providing users with the flexibility to manage their investments effectively.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-05",
"end_date": "2026-01-12",
"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"
}
This response provides insights into how metal prices fluctuate over a specified period, which is crucial for traders looking to capitalize on market movements.
OHLC (Open/High/Low/Close) Endpoint
{
"success": true,
"timestamp": 1768176881,
"base": "USD",
"date": "2026-01-12",
"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"
}
This endpoint provides a comprehensive view of price movements, allowing traders to analyze market behavior effectively.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1768176881,
"base": "USD",
"date": "2026-01-12",
"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"
}
This response provides current bid and ask prices for metals, which is essential for traders to understand market dynamics and make informed decisions.
Conclusion
The Metals-API is a powerful tool for developers looking to access historical prices and real-time data for precious metals like gold. By leveraging its extensive features and capabilities, developers can create innovative applications that provide valuable insights into market trends and price movements. Whether you're interested in analyzing historical data, tracking fluctuations, or converting currencies, the Metals-API offers a comprehensive solution.
For further exploration, visit the Metals-API Website to learn more about its offerings and how it can enhance your trading strategies. Additionally, the Metals-API Documentation provides in-depth guidance on utilizing the API effectively, while the Metals-API Supported Symbols page ensures you have access to the latest information on available metals.
In a rapidly evolving financial landscape, staying informed and utilizing advanced tools like the Metals-API can significantly enhance your trading capabilities and decision-making processes.