Query Kochi Gold 24k (KOCH-24k) Historical Prices utilizing this API

Query Kochi Gold 24k (KOCH-24k) Historical Prices Utilizing this API

In the ever-evolving landscape of precious metals trading, the ability to access accurate and timely data is paramount. For developers and traders alike, understanding how to query historical prices for Kochi Gold 24k (KOCH-24k) using the Metals-API can unlock a wealth of opportunities. This blog post delves into the intricacies of the Metals-API, focusing on its capabilities to provide historical prices and other essential data related to gold and other precious metals.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. As a digital transformation sweeps through the financial sector, the precious metals market is not left untouched. The integration of data analytics and technology into trading practices is revolutionizing how investors approach gold trading. With the rise of digital asset solutions, traders can now leverage real-time data to make informed decisions.

Data analytics plays a crucial role in providing market insights that can guide investment strategies. By utilizing advanced algorithms and machine learning, traders can analyze historical price trends, identify patterns, and predict future movements. This innovation in price discovery is essential for maximizing returns and minimizing risks in the volatile gold market.

Moreover, technology integration in trading platforms allows for seamless transactions and enhanced user experiences. The Metals-API stands at the forefront of this transformation, offering developers the tools necessary to build next-generation applications that harness the power of real-time metals data.

Metals-API Overview

The Metals-API is a robust JSON API designed to provide real-time and historical data on precious metals, including gold, silver, platinum, and palladium. With its comprehensive suite of endpoints, developers can access a wealth of information, from the latest rates to historical prices dating back to 2019. This API empowers developers to create applications that can analyze market trends, track price fluctuations, and convert currencies with ease.

For more detailed information, developers can refer to the Metals-API Documentation, which outlines the various features and functionalities available.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different data needs. 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 more frequently. This feature is crucial for traders who need to stay informed about the latest market conditions.
• Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve past prices, allowing for in-depth analysis and trend identification.
• Bid And Ask Endpoint: This powerful feature enables you to retrieve real-time bid and ask prices, essential for understanding market dynamics and making informed trading decisions.
• Convert Endpoint: The conversion endpoint allows for easy conversion between different metals or to/from USD, facilitating seamless transactions.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, providing a comprehensive view of price movements over time.
• Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, offering insights into market volatility and trends.
• Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers interested in specific gold qualities.
• Lowest/Highest Price Endpoint: This endpoint allows you to query the API for the lowest and highest prices within a specified timeframe, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for a specific time period, which is invaluable for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term perspective on market trends.
• API Key: Your unique API key is essential for accessing the API, ensuring secure and authorized usage.
• API Response: The API delivers exchange rates relative to USD, with all data returned in a structured format for easy integration.
• Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies, ensuring you have access to the latest information.
• Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, catering to regional market needs.
• News Endpoint: Stay informed with the latest news articles related to various metals, keeping you updated on market developments.

For a complete list of supported symbols, visit the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various API endpoints and their expected responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1758452440,
    "base": "USD",
    "date": "2025-09-21",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

This response indicates the latest exchange rates for various metals, with XAU representing gold.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1758366040,
    "base": "USD",
    "date": "2025-09-20",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows how to retrieve historical rates for a specific date, allowing for analysis of past market conditions.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-09-14",
    "end_date": "2025-09-21",
    "base": "USD",
    "rates": {
        "2025-09-14": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-09-16": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-09-21": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides daily historical rates between two specified dates, enabling trend analysis over time.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1758452440,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This example illustrates how to convert an amount from one metal to another, showcasing the API's versatility.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-09-14",
    "end_date": "2025-09-21",
    "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 metal prices fluctuate over a specified period, which is crucial for traders looking to capitalize on market movements.

OHLC (Open/High/Low/Close) Price Endpoint

{
    "success": true,
    "timestamp": 1758452440,
    "base": "USD",
    "date": "2025-09-21",
    "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 provides essential data for technical analysis, allowing traders to assess market performance over a specific timeframe.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1758452440,
    "base": "USD",
    "date": "2025-09-21",
    "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 current bid and ask prices, essential for understanding market dynamics and making informed trading decisions.

Conclusion

In conclusion, the Metals-API offers a comprehensive suite of tools for accessing historical prices and real-time data for precious metals, including Kochi Gold 24k (KOCH-24k). By leveraging the various endpoints available, developers can create powerful applications that provide valuable insights into market trends and price movements.

With the ability to query historical rates, track fluctuations, and convert between different metals, the Metals-API is an invaluable resource for traders and developers alike. For more information, visit the Metals-API Website to explore the full range of features and capabilities.

As the financial landscape continues to evolve, staying informed and utilizing advanced tools like the Metals-API will be crucial for success in the precious metals market.