Obtain Indore Gold 24k (INDO-24k) Historical Prices with this API

Introduction

In the ever-evolving landscape of financial technology, the demand for real-time data on precious metals has surged. One of the most sought-after assets is Gold, represented by the symbol XAU. For developers and traders alike, obtaining historical prices for Gold (24k) is crucial for making informed decisions. The Metals-API provides a robust solution for accessing historical prices and other vital data related to precious metals. This blog post will delve into the capabilities of the Metals-API, focusing on how to obtain historical prices for Indore Gold 24k (INDO-24k) and explore the innovative features that make this API a game-changer in the world of metals trading.

Metals-API Information

About Gold (XAU)

Gold has long been a symbol of wealth and stability, often regarded as a safe haven during economic uncertainty. In recent years, the digital transformation of precious metals has opened new avenues for data analytics and market insights. The integration of technology in trading has revolutionized how investors approach the market, allowing for real-time access to price discovery and innovative digital asset solutions.

With the rise of data analytics, traders can now leverage historical price data to identify trends and make predictions about future movements. The Metals-API empowers developers to build next-generation applications that can analyze vast amounts of data, providing insights that were previously unattainable. By utilizing this API, developers can create tools that not only track prices but also analyze market fluctuations, helping traders make informed decisions.

API Description

The Metals-API is designed to provide developers with a comprehensive suite of tools for accessing real-time and historical data on precious metals. With its user-friendly interface and extensive documentation, developers can quickly integrate the API into their applications. The API supports various endpoints that cater to different needs, from retrieving the latest rates to accessing historical data dating back to 2019.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return updates every 60 minutes, every 10 minutes, or even more frequently. This level of granularity allows traders to react swiftly to market changes, ensuring they never miss an opportunity.

For those interested in historical data, the Metals-API offers a dedicated endpoint that allows users to query historical rates by appending a specific date to the API call. This feature is invaluable for traders looking to analyze past performance and make predictions based on historical trends.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints, each designed to provide specific functionalities that cater to the needs of traders and developers. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rates for all available metals. This endpoint is essential for traders who need up-to-the-minute information to make quick decisions. The response includes the base currency, date, and rates for various metals, including Gold (XAU).

{
    "success": true,
    "timestamp": 1762398163,
    "base": "USD",
    "date": "2025-11-06",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical exchange rates is crucial for traders looking to analyze trends over time. The Historical Rates Endpoint allows users to retrieve rates for any date since 1999. This feature is particularly useful for back-testing trading strategies and understanding market movements.

{
    "success": true,
    "timestamp": 1762311763,
    "base": "USD",
    "date": "2025-11-05",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

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 particularly beneficial for traders who want to analyze price movements over a specific period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-10-30",
    "end_date": "2025-11-06",
    "base": "USD",
    "rates": {
        "2025-10-30": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-11-01": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-11-06": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint is a powerful feature that allows users to convert any amount from one metal to another or to/from USD. This functionality is essential 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": 1762398163,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Using the Fluctuation Endpoint, users can retrieve information about how currencies fluctuate on a day-to-day basis. This feature is particularly useful for traders looking to understand market volatility and make informed decisions based on price changes.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-30",
    "end_date": "2025-11-06",
    "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"
}

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 tools.

{
    "success": true,
    "timestamp": 1762398163,
    "base": "USD",
    "date": "2025-11-06",
    "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"
}

Bid/Ask Endpoint

The Bid/Ask Endpoint allows users to get current bid and ask prices for metals. This information is vital for traders looking to execute trades at the best possible prices.

{
    "success": true,
    "timestamp": 1762398163,
    "base": "USD",
    "date": "2025-11-06",
    "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"
}

Authentication and Security

To access the Metals-API, users must obtain an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the data. Developers should implement best practices for security, including keeping the API Key confidential and using HTTPS for all API requests to protect sensitive information.

Performance Optimization and Rate Limiting

The Metals-API has rate limiting in place to ensure fair usage among all users. Developers should be aware of their subscription plan's limits and optimize their API calls accordingly. Caching frequently requested data can significantly reduce the number of API calls and improve application performance. Additionally, developers should implement error handling to gracefully manage any issues that arise during API requests.

Common Pitfalls and Troubleshooting

When working with the Metals-API, developers may encounter common pitfalls such as incorrect API Key usage, exceeding rate limits, or malformed requests. Thoroughly reviewing the Metals-API Documentation can help troubleshoot these issues. Additionally, implementing logging can assist in identifying and resolving errors quickly.

Conclusion

The Metals-API is an invaluable resource for developers and traders seeking to access real-time and historical data on precious metals, particularly Gold (XAU). With its comprehensive suite of endpoints, the API empowers users to make informed decisions based on accurate and timely information. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance trading strategies and provide deeper insights into market trends.

For those interested in exploring the full range of features and capabilities, be sure to check out the Metals-API Supported Symbols and dive into the extensive Metals-API Documentation for detailed guidance on implementation and usage.