Query Raipur Gold 18k (RAIP-18k) Historical Prices through this API
Query Raipur Gold 18k (RAIP-18k) Historical Prices through this API
In the ever-evolving landscape of precious metals trading, the ability to access historical prices for Gold (XAU) is crucial for investors, traders, and developers alike. With the rise of digital transformation in the financial sector, tools like the Metals-API have emerged as essential resources for obtaining real-time and historical data on various metals, including Gold. This blog post will delve into the capabilities of the Metals-API, focusing on how to effectively query historical prices for Raipur Gold 18k (RAIP-18k) and explore the broader implications of technology integration in trading precious metals.
About Gold (XAU)
Gold has long been regarded as a safe-haven asset, a hedge against inflation, and a store of value. As the world transitions into a more digital economy, the integration of data analytics and market insights into Gold trading has become increasingly important. The Metals-API provides a robust platform for accessing real-time and historical data, empowering developers to create innovative applications that can analyze market trends, forecast price movements, and facilitate informed trading decisions.
One of the key aspects of the digital transformation in precious metals is the innovation in price discovery. With the Metals-API, users can access a wealth of information that enables them to understand market dynamics better. This includes not only the current prices but also historical trends that can inform future trading strategies. The API's ability to provide detailed insights into price fluctuations and market behavior is invaluable for developers looking to build next-generation applications.
API Description
The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals. Its capabilities extend beyond simple price retrieval; it offers a comprehensive suite of features that enable users to build sophisticated applications tailored to their specific needs. The API is designed with innovation in mind, allowing for seamless integration into existing systems and workflows.
With the Metals-API, developers can access a variety of endpoints that cater to different data needs. Whether you are looking for the latest rates, historical prices, or detailed market analysis, the API provides the necessary tools to achieve your goals. The transformative potential of real-time metals data cannot be overstated, as it empowers users to make data-driven decisions that can significantly impact their trading outcomes.
Key Features and Endpoints
The Metals-API offers a range of endpoints that provide various functionalities. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay informed about the latest market conditions.
- Historical Rates Endpoint: Users can query historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical prices for Gold, allowing for in-depth analysis of price trends over time.
- Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time Bid and Ask prices, which are crucial for making informed trading decisions. Understanding the spread between these prices can provide insights into market liquidity and trading costs.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one currency to another. This is particularly useful for traders operating in multiple currencies.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for analyzing trends and making predictions based on historical data.
- Fluctuation Endpoint: Users can retrieve information about how currencies fluctuate on a day-to-day basis, providing insights into market volatility and price stability.
- Carat Endpoint: This endpoint provides information about Gold rates by Carat, allowing users to understand the value of Gold in different purities.
- Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, which is essential for understanding market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides users with the open, high, low, and close prices for a specific date, enabling detailed market analysis.
- Historical LME Endpoint: This endpoint allows users to access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
- API Key: Each user is assigned a unique API key, which is required to access the API's functionalities. This key ensures secure access and helps manage user quotas.
- API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The API includes 14 endpoints, each providing different functionalities, ensuring comprehensive coverage of user needs.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, allowing users to stay informed about the latest offerings.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them updated on market developments.
API Endpoint Examples and Responses
Understanding the API's response structure is crucial for effective integration. Below are examples of various endpoints and their corresponding JSON responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1765458014,
"base": "USD",
"date": "2025-12-11",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}
This response provides real-time exchange rates for various metals, including Gold (XAU). The "rates" object contains the current price per troy ounce for each metal.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1765371614,
"base": "USD",
"date": "2025-12-10",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example illustrates how to access historical exchange rates for a specific date. The "rates" object provides the price for Gold and other metals on that date.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-04",
"end_date": "2025-12-11",
"base": "USD",
"rates": {
"2025-12-04": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-06": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-11": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time series of exchange rates for Gold over a specified period, allowing for trend analysis and forecasting.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765458014,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The Convert Endpoint allows users to convert amounts between different metals or currencies. In this case, it converts 1000 USD to Gold (XAU).
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-04",
"end_date": "2025-12-11",
"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 endpoint tracks rate fluctuations between two dates, providing insights into market volatility and price trends.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1765458014,
"base": "USD",
"date": "2025-12-11",
"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 the open, high, low, and close prices for a specific date, which is essential for traders looking to analyze market performance.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1765458014,
"base": "USD",
"date": "2025-12-11",
"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 and other metals, which are critical for executing trades effectively.
Conclusion
The Metals-API is a powerful resource for anyone involved in the trading of precious metals, particularly Gold. Its extensive range of endpoints and capabilities allows developers to access real-time and historical data, enabling them to build sophisticated applications that can analyze market trends, forecast price movements, and facilitate informed trading decisions. By leveraging the API's features, users can gain valuable insights into the dynamics of the Gold market, ultimately leading to more strategic investment choices.
As the financial landscape continues to evolve, the importance of integrating technology into trading practices cannot be overstated. The Metals-API stands at the forefront of this transformation, providing the tools necessary for developers to create innovative solutions that meet the demands of a rapidly changing market. For more information on how to get started, visit the Metals-API Documentation and explore the Metals-API Supported Symbols to find the data you need to enhance your trading strategies.