Obtain Vadodara Gold 24k (VADO-24k) Historical Prices by leveraging this API
Obtain Vadodara Gold 24k (VADO-24k) Historical Prices by Leveraging this API
In today's digital landscape, the demand for real-time data in the precious metals market has never been higher. For developers and traders alike, having access to accurate and timely information is crucial for making informed decisions. This is where the Metals-API comes into play, offering a robust solution for obtaining historical prices of gold, specifically Vadodara Gold 24k (VADO-24k). In this blog post, we will explore the capabilities of the Metals-API, focusing on how to retrieve historical prices and other valuable data related to gold.
About Gold (XAU)
Gold, represented by the symbol XAU, has been a cornerstone of wealth and value for centuries. As a precious metal, it plays a significant role in various sectors, including jewelry, investment, and technology. The digital transformation in the precious metals market has led to innovative solutions that leverage data analytics and technology integration to enhance trading experiences. With the rise of digital asset solutions, traders can now access market insights that were previously unavailable.
Data analytics in the gold market allows for a deeper understanding of price movements, trends, and market sentiment. By utilizing advanced algorithms and machine learning techniques, traders can gain insights that inform their strategies. The integration of technology in trading platforms has also streamlined the process of price discovery, enabling users to make quicker and more informed decisions.
Metals-API Overview
The Metals-API is a powerful tool designed to provide developers with access to real-time and historical data for various metals, including gold. This API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. The transformative potential of real-time metals data cannot be overstated, as it allows for enhanced decision-making and strategic planning.
For more information, you can visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.
Key Features of Metals-API
The Metals-API offers a variety of endpoints that cater to different needs in the precious metals market. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes or 10 minutes. This feature is essential for traders who need the most current pricing information.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve the historical price of gold, which is crucial for trend analysis and forecasting.
- Bid and Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for gold and other metals, enabling traders to make informed buying and selling decisions.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is beneficial for analyzing price trends over specific periods.
- Fluctuation Endpoint: Retrieve information about how gold prices fluctuate on a day-to-day basis. Understanding these fluctuations can help traders anticipate market movements.
- Carat Endpoint: Access information about gold rates by carat, providing additional granularity for those interested in specific gold purity levels.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price of gold for a specified date, which is essential for understanding market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows you to get the open, high, low, and close prices for gold, providing a comprehensive view of market performance.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is useful for traders focusing on industrial metals.
- API Key: Your unique API key is essential for accessing the API's features, ensuring secure and authorized usage.
- API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring you have access to the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
Understanding API Responses
When you make a request to the Metals-API, you will receive a structured JSON response. Hereβs a breakdown of what you can expect from some of the key endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1765641618,
"base": "USD",
"date": "2025-12-13",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates a successful request, providing the latest rates for various metals, including gold (XAU). The rates are expressed per troy ounce, which is the standard measurement for precious metals.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1765555218,
"base": "USD",
"date": "2025-12-12",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response provides historical rates for a specific date, allowing traders to analyze past performance and make informed predictions about future movements.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-06",
"end_date": "2025-12-13",
"base": "USD",
"rates": {
"2025-12-06": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-08": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-13": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time-series of rates for gold over a specified period, allowing for detailed analysis of price trends and fluctuations.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765641618,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response shows the conversion of an amount from USD to gold (XAU), providing both the conversion rate and the resulting amount in troy ounces.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-06",
"end_date": "2025-12-13",
"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 gold prices fluctuated over a specified period, detailing the start and end rates, as well as the percentage change.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1765641618,
"base": "USD",
"date": "2025-12-13",
"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 response provides the open, high, low, and close prices for gold, which are essential for traders looking to analyze market performance over a specific period.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1765641618,
"base": "USD",
"date": "2025-12-13",
"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 the current bid and ask prices for gold, allowing traders to understand the market spread and make informed trading decisions.
Practical Use Cases and Integration Strategies
Integrating the Metals-API into your trading platform or application can significantly enhance your capabilities. Here are some practical use cases:
- Real-Time Trading Applications: By utilizing the Latest Rates Endpoint, developers can create applications that provide real-time pricing information to traders, enabling them to make quick decisions based on the latest market data.
- Historical Analysis Tools: The Historical Rates Endpoint can be used to build tools that analyze past price movements, helping traders identify trends and make predictions about future performance.
- Automated Trading Bots: Developers can leverage the Bid and Ask Endpoint to create automated trading bots that execute trades based on predefined criteria, ensuring optimal entry and exit points.
- Portfolio Management Solutions: By integrating the Convert Endpoint, users can easily manage their portfolios by converting between different metals and currencies, streamlining their investment strategies.
- Market Research Platforms: The News Endpoint can be utilized to keep users informed about the latest developments in the metals market, providing valuable insights that can influence trading decisions.
Common Developer Questions
As developers begin to integrate the Metals-API into their applications, they may have several questions. Here are some common inquiries:
How do I authenticate my API requests?
Authentication is done using your unique API key, which must be included in the request URL as a query parameter. Ensure that your API key is kept secure and not exposed in public repositories.
What are the rate limits for API requests?
Rate limits vary based on your subscription plan. It is essential to review the documentation to understand the limitations and avoid exceeding your allocated quota.
How can I handle errors in API responses?
API responses will include a success field indicating whether the request was successful. In case of an error, the response will provide an error message that can guide you in troubleshooting the issue.
What is the best way to optimize API performance?
To optimize performance, consider implementing caching strategies for frequently accessed data, minimizing the number of API calls, and using batch requests when possible.
Conclusion
In conclusion, the Metals-API provides a comprehensive solution for obtaining historical prices and real-time data for gold and other precious metals. By leveraging its various endpoints, developers can create powerful applications that enhance trading experiences and provide valuable market insights. The integration of technology in the precious metals market is transforming how traders access and analyze data, making it essential for developers to stay ahead of the curve.
For further exploration, refer to the Metals-API Documentation and the Metals-API Supported Symbols page for a complete list of available metals. Embrace the power of real-time data and take your trading strategies to the next level with the Metals-API.