Monitor Dehradun Gold 24k (DEHR-24k) prices using this API
In today's fast-paced financial landscape, monitoring precious metal prices has become essential for investors, traders, and developers alike. One of the most sought-after metals is gold, represented by the symbol XAU. The ability to track the price of gold in real-time can significantly impact trading strategies and investment decisions. This is where the Metals-API comes into play, offering a robust solution for accessing real-time and historical data on gold prices and other precious metals.
Understanding Gold (XAU) and Its Market Dynamics
Gold has long been considered a safe-haven asset, especially during times of economic uncertainty. Its price is influenced by various factors, including geopolitical events, inflation rates, and currency fluctuations. As digital transformation sweeps across financial markets, the integration of technology in trading and investment strategies has become crucial. The use of data analytics and market insights allows traders to make informed decisions based on real-time data.
With the rise of digital asset solutions, the demand for accurate and timely information on gold prices has surged. The Metals-API provides developers with the tools to create applications that can leverage real-time data for price discovery and trading strategies. By utilizing this API, developers can build innovative solutions that enhance the trading experience and provide valuable insights into market trends.
Metals-API Overview
The Metals-API is a powerful tool that offers a comprehensive suite of features for accessing metals data. It provides real-time exchange rates, historical data, and various endpoints that cater to different needs. The API is designed to empower developers to create next-generation applications that can analyze and visualize precious metal prices effectively.
Key Features of Metals-API
The Metals-API boasts a range of features that make it an invaluable resource for developers:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for precious metals, updated based on your subscription plan. This endpoint allows you to retrieve the current price of gold (XAU) and other metals at regular intervals, ensuring you have the most accurate information at your fingertips.
{
"success": true,
"timestamp": 1767139951,
"base": "USD",
"date": "2025-12-31",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Accessing historical rates is crucial for analyzing trends and making informed decisions. The Historical Rates Endpoint allows you to query past prices for gold and other metals dating back to 2019. By appending a specific date to your request, you can retrieve historical data to support your analysis.
{
"success": true,
"timestamp": 1767053551,
"base": "USD",
"date": "2025-12-30",
"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 you to retrieve real-time bid and ask prices for gold and other metals. This information is essential for traders looking to execute orders at the best possible prices.
{
"success": true,
"timestamp": 1767139951,
"base": "USD",
"date": "2025-12-31",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert Endpoint allows you 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": 1767139951,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint allows you to query the API for daily historical rates between two dates of your choice. This feature is invaluable for conducting in-depth analyses of price movements over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-12-24",
"end_date": "2025-12-31",
"base": "USD",
"rates": {
"2025-12-24": {
"XAU": 0.000485
},
"2025-12-31": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides insights into how metal prices fluctuate on a day-to-day basis. This information is crucial for traders looking to capitalize on market volatility.
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-24",
"end_date": "2025-12-31",
"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 you 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 trends and potential reversal points.
{
"success": true,
"timestamp": 1767139951,
"base": "USD",
"date": "2025-12-31",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Lowest/Highest Price Endpoint
The Lowest/Highest Price Endpoint allows you to query the API to get the lowest and highest price for a specified date. This feature is particularly useful for identifying price extremes and making informed trading decisions.
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is essential for traders who need to analyze long-term trends in metal prices.
Authentication and API Key
To access the Metals-API, you will need an API key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authenticating your requests and ensuring secure access to the data.
Performance Optimization and Security Best Practices
When integrating the Metals-API into your applications, it's crucial to consider performance optimization strategies. Implementing caching mechanisms can significantly reduce the number of API calls and improve response times. Additionally, ensure that you handle errors gracefully and implement rate limiting to avoid exceeding your quota.
Conclusion
The Metals-API is a transformative tool for developers looking to monitor and analyze precious metal prices, particularly gold (XAU). With its extensive range of features, including real-time rates, historical data, and various endpoints, the API empowers developers to create innovative applications that enhance trading strategies and provide valuable market insights. By leveraging the capabilities of the Metals-API, you can stay ahead in the dynamic world of precious metals trading.
For more information, explore the Metals-API Documentation and discover the full range of supported symbols on the Metals-API Supported Symbols page. Start building your applications today and unlock the potential of real-time metals data!