Integrate Visakhapatnam Gold 22k (VISA-22k) Historical Prices using Metals-API

Integrate Visakhapatnam Gold 22k (VISA-22k) Historical Prices using Metals-API

In the world of precious metals trading, accurate and timely data is paramount. For developers looking to integrate historical prices of Visakhapatnam Gold 22k (VISA-22k), the Metals-API offers a robust solution. 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 precious metals trading.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. The digital transformation in precious metals has revolutionized how traders and investors access and analyze data. With the advent of data analytics and market insights, stakeholders can now make informed decisions based on real-time information. The integration of technology in trading has led to innovative price discovery methods, allowing for more accurate valuations and better risk management.

As the market evolves, digital asset solutions are becoming increasingly relevant. The Metals-API provides developers with the tools necessary to harness the power of real-time metals data, enabling the creation of next-generation applications that can respond to market changes instantaneously.

API Description

The Metals-API is a powerful tool that allows developers to access a wealth of information regarding precious metals. With its innovative capabilities, the API empowers users to build applications that can provide real-time data, historical insights, and comprehensive analytics. The API's potential is vast, making it an essential resource for anyone involved in the trading of metals.

For detailed information on how to use the API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on the various endpoints available, including how to authenticate and make requests.

Key Features and Endpoints

The Metals-API offers several key features that are crucial for developers looking to integrate historical price data for gold and other metals:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes, ensuring you have the most current data available.
  • Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your request, you can retrieve past prices for gold and other metals, which is essential for trend analysis and forecasting.
  • Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The conversion feature enables you to convert amounts between different metals or to/from USD, facilitating multi-metal trading strategies.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for detailed analysis of price movements over time.
  • Fluctuation Endpoint: This endpoint provides information on how prices fluctuate on a day-to-day basis, which is crucial for understanding market volatility.
  • Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers interested in specific gold purity levels.
  • Lowest/Highest Price Endpoint: This feature allows you to query the API for the lowest and highest prices within a specified date range, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for specific time periods, which is essential for technical analysis and trading strategies.
  • Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates dating back to 2008, offering a long-term view of metal prices.
  • API Key: Your unique API key is essential for accessing the API and must be included in your requests to authenticate your access.
  • API Response: The API returns exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API features numerous endpoints, each designed to provide specific functionalities tailored to user needs.
  • Supported Symbols Endpoint: This endpoint returns all available currencies and metal symbols, allowing you to explore the full range of options.
  • Gold Price India Endpoint: Specifically designed to retrieve the latest gold price in India, this endpoint is invaluable for local traders.
  • News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

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 essential for developers to understand the available options when making API requests.

API Endpoint Examples and Responses

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

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1744862474,
    "base": "USD",
    "date": "2025-04-17",
    "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 provides the latest exchange rates for various metals, with XAU (Gold) priced at 0.000482 per troy ounce. Understanding the structure of this response is crucial for developers to effectively parse and utilize the data.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1744776074,
    "base": "USD",
    "date": "2025-04-16",
    "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. The ability to retrieve past prices is essential for conducting market analysis and understanding price trends over time.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-10",
    "end_date": "2025-04-17",
    "base": "USD",
    "rates": {
        "2025-04-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-17": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series endpoint allows developers to analyze price movements over a specified period, providing valuable insights into market trends.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1744862474,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response demonstrates how to convert a specified amount from one currency to another, which is particularly useful for traders dealing in multiple currencies.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-10",
    "end_date": "2025-04-17",
    "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"
}

The fluctuation endpoint provides insights into how prices change over time, which is crucial for understanding market dynamics and making informed trading decisions.

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1744862474,
    "base": "USD",
    "date": "2025-04-17",
    "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 is essential for traders who rely on technical analysis, as it provides a comprehensive view of price movements within a specific timeframe.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1744862474,
    "base": "USD",
    "date": "2025-04-17",
    "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"
}

The bid/ask endpoint is crucial for understanding market liquidity and pricing dynamics, providing traders with the necessary information to make informed decisions.

Conclusion

Integrating historical prices for Visakhapatnam Gold 22k (VISA-22k) using the Metals-API is a powerful way to leverage real-time data for trading and investment decisions. The API's extensive features, including the latest rates, historical data, and various conversion options, empower developers to create sophisticated applications that can respond to market changes effectively.

As the precious metals market continues to evolve, the importance of accurate data and innovative technology cannot be overstated. By utilizing the Metals-API Website and its comprehensive documentation, developers can unlock the full potential of metals trading and analysis.

For further exploration of the API's capabilities, be sure to check the Metals-API Documentation and familiarize yourself with the Metals-API Supported Symbols to enhance your trading strategies and insights.

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