Obtain Meerut Gold 18k (MEER-18k) Historical Prices with this API
Introduction
In the world of precious metals trading, obtaining accurate historical price data is crucial for making informed investment decisions. For developers looking to integrate such data into their applications, the Metals-API provides a robust solution. This blog post will delve into the specifics of obtaining historical prices for Meerut Gold 18k (MEER-18k) using the Metals-API, exploring its capabilities, features, and the transformative potential of real-time metals data.
About Gold (XAU)
Gold, represented by the symbol XAU, has been a cornerstone of wealth and investment for centuries. Its allure is not just in its physical properties but also in its digital transformation within the financial markets. As the demand for real-time data and analytics grows, the integration of technology in trading has become paramount. The Metals-API stands at the forefront of this digital revolution, offering developers the tools necessary to access and analyze gold prices effectively.
Digital Transformation in Precious Metals
The precious metals market has witnessed significant changes due to digital transformation. With the rise of online trading platforms and mobile applications, investors now have unprecedented access to market data. The Metals-API plays a vital role in this transformation by providing real-time and historical data that can be seamlessly integrated into various applications. This API empowers developers to create innovative solutions that enhance the trading experience.
Data Analytics and Market Insights
Data analytics is essential for understanding market trends and making informed decisions. The Metals-API offers a range of endpoints that allow developers to access historical prices, fluctuations, and other critical metrics. By leveraging this data, developers can build applications that provide users with valuable insights into market movements, helping them to strategize their investments effectively.
Technology Integration in Trading
Integrating technology into trading processes has become a necessity in today's fast-paced financial environment. The Metals-API provides a comprehensive suite of tools that enable developers to access real-time data, historical trends, and price fluctuations. This integration allows for the development of sophisticated trading algorithms and applications that can react to market changes instantaneously.
Innovation in Price Discovery
The process of price discovery is critical in the metals market. The Metals-API facilitates this by providing accurate and timely data that reflects current market conditions. Developers can utilize the API to create applications that track price changes, analyze trends, and provide alerts for significant market movements. This innovation in price discovery enhances the trading experience and supports better investment decisions.
Digital Asset Solutions
As the financial landscape evolves, so does the need for digital asset solutions. The Metals-API not only provides access to historical prices but also supports various functionalities such as currency conversion and fluctuation tracking. This versatility allows developers to create comprehensive applications that cater to the needs of modern investors.
Metals-API Capabilities
The Metals-API is designed to empower developers with real-time and historical data on precious metals. Its capabilities include a range of endpoints that provide access to various functionalities. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for precious 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 essential for traders who need to stay informed about current market conditions.
{
"success": true,
"timestamp": 1765670574,
"base": "USD",
"date": "2025-12-14",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
The Historical Rates endpoint allows developers to access historical exchange rates for most currencies dating back to 2019. By appending a specific date to the API request, users can retrieve past prices, which is invaluable for trend analysis and forecasting.
{
"success": true,
"timestamp": 1765584174,
"base": "USD",
"date": "2025-12-13",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"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 metals. This information is crucial for traders looking to execute buy or sell orders at optimal prices.
{
"success": true,
"timestamp": 1765670574,
"base": "USD",
"date": "2025-12-14",
"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 investors looking to understand the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765670574,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series endpoint allows developers to query the API for daily historical rates between two dates of their choice. This is particularly useful for analyzing trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-12-07",
"end_date": "2025-12-14",
"base": "USD",
"rates": {
"2025-12-07": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-14": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is essential for traders looking to understand market volatility.
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-07",
"end_date": "2025-12-14",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"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 for a given date. This information is vital for traders looking to identify price extremes.
{
"success": true,
"timestamp": 1765670574,
"base": "USD",
"date": "2025-12-14",
"rates": {
"XAU": {
"lowest": 0.000481,
"highest": 0.000487
}
},
"unit": "per troy ounce"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price endpoint allows users to query the API to get the open, high, low, and close prices for a specific date. This data is crucial for technical analysis and understanding market trends.
{
"success": true,
"timestamp": 1765670574,
"base": "USD",
"date": "2025-12-14",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"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 developers working with industrial metals.
{
"success": true,
"timestamp": 1765584174,
"base": "USD",
"date": "2025-12-13",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825
},
"unit": "per troy ounce"
}
API Key and Authentication
To access the Metals-API, developers must obtain an API key. This unique key is passed into the API base URL's access_key parameter, ensuring secure access to the data. Proper authentication is crucial for maintaining the integrity and security of the API.
API Response Structure
The API responses are structured in JSON format, providing a clear and organized way to access the data. Each response includes fields such as success, timestamp, base currency, date, rates, and unit. Understanding these fields is essential for developers to effectively utilize the API.
Performance Optimization and Scaling
When integrating the Metals-API into applications, performance optimization is key. Developers should consider caching strategies to reduce the number of API calls and improve response times. Additionally, understanding rate limits and quota management is essential for maintaining application performance.
Security Best Practices
Security is paramount when working with APIs. Developers should implement best practices such as using HTTPS for all API requests, validating input data, and handling errors gracefully. These measures help protect sensitive information and ensure a secure integration.
Conclusion
In conclusion, obtaining historical prices for Meerut Gold 18k (MEER-18k) using the Metals-API is a powerful way for developers to enhance their applications with real-time and historical data. The API's extensive features, including the Latest Rates, Historical Rates, and various conversion endpoints, provide the tools necessary for comprehensive market analysis. By leveraging the capabilities of the Metals-API, developers can create innovative solutions that empower investors to make informed decisions in the precious metals market.
For more information, visit the Metals-API Website or explore the Metals-API Documentation for detailed guidance on utilizing the API. Additionally, check the Metals-API Supported Symbols for a comprehensive list of available metal symbols.