Retrieve accurate pricing for Patna Gold 24k (PATN-24k) using this API
Retrieve Accurate Pricing for Patna Gold 24k (PATN-24k) Using This API
In the ever-evolving landscape of precious metals trading, the ability to retrieve accurate pricing for Patna Gold 24k (PATN-24k) is crucial for investors and traders alike. With the advent of digital transformation, the integration of advanced data analytics and technology into trading practices has revolutionized how market participants access and interpret gold pricing data. This blog post delves into the capabilities of the Metals-API, a powerful tool that provides real-time data on precious metals, including gold, silver, platinum, and palladium. We will explore how this API works, its key features, and how it can empower developers to create next-generation applications in the financial sector.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As the world transitions into a more digital economy, the precious metals market is also undergoing significant changes. Digital transformation in precious metals trading allows for more efficient transactions, enhanced market insights, and improved price discovery mechanisms. The integration of data analytics enables traders to make informed decisions based on real-time market data, while technology integration facilitates seamless trading experiences.
Moreover, innovation in price discovery is crucial for maintaining transparency and trust in the market. The Metals-API plays a pivotal role in this transformation by providing developers with the tools needed to access real-time pricing data, historical trends, and analytical insights. This API not only supports traditional trading practices but also opens doors to digital asset solutions, allowing for the creation of sophisticated trading platforms and applications.
API Description
The Metals-API is designed to provide developers with comprehensive access to real-time and historical data for various metals. By leveraging this API, developers can build applications that cater to the needs of traders, investors, and financial analysts. The API's capabilities include retrieving the latest rates, historical data, bid and ask prices, and much more, all of which are essential for making informed trading decisions.
One of the standout features of the Metals-API is its ability to deliver real-time metals data, which is crucial for traders who rely on up-to-the-minute information to execute their strategies. The API empowers developers to create applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. With the Metals-API, the potential for innovation in the financial technology space is limitless.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs within the precious metals market. Here are some of the key features and their potential applications:
- 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: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices, enabling traders to make informed decisions based on current market conditions.
- Convert Endpoint: The API includes a currency conversion endpoint that allows users to convert any amount from one currency to another, facilitating seamless transactions across different markets.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling comprehensive analysis of price movements over time.
- Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis, providing insights into market volatility.
- Carat Endpoint: This endpoint allows you to retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers looking to understand the value of gold jewelry.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified period, helping traders identify market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is crucial for understanding long-term market trends.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: Exchange rates delivered by the Metals-API are by default relative to USD, and all data is returned in a structured JSON format.
- Available Endpoints: The API comes with 14 endpoints, each providing different functionalities tailored to various user needs.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring users have access to the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page. This resource is invaluable for developers looking to integrate specific metal data into their applications.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints and their corresponding JSON responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1768435889,
"base": "USD",
"date": "2026-01-15",
"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 indicates that the API successfully retrieved the latest rates for various metals, with gold (XAU) priced at 0.000482 per troy ounce.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1768349489,
"base": "USD",
"date": "2026-01-14",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows how to access historical rates for a specific date, allowing users to analyze past market conditions.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2026-01-08",
"end_date": "2026-01-15",
"base": "USD",
"rates": {
"2026-01-08": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-10": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-15": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time-series analysis of gold prices over a specified period, enabling users to track trends and fluctuations.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1768435889,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The Convert Endpoint allows users to convert amounts between different metals or currencies, providing flexibility in trading and investment strategies.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-08",
"end_date": "2026-01-15",
"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 over a specified period, providing insights into market volatility and trends.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1768435889,
"base": "USD",
"date": "2026-01-15",
"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"
}
The OHLC endpoint provides critical data for technical analysis, allowing traders to assess market performance over a specific time frame.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1768435889,
"base": "USD",
"date": "2026-01-15",
"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 endpoint provides current bid and ask prices for metals, essential for traders looking to execute buy or sell orders effectively.
Conclusion
The Metals-API is an invaluable resource for developers and traders in the precious metals market. By providing real-time and historical data, the API empowers users to make informed decisions based on accurate pricing information. The integration of advanced features such as the Latest Rates, Historical Rates, and Bid/Ask endpoints allows for comprehensive market analysis and trading strategies.
As the financial landscape continues to evolve, the importance of reliable data sources cannot be overstated. The Metals-API not only facilitates access to critical market information but also supports the development of innovative applications that can enhance trading experiences. For more information on how to implement this API in your projects, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metal symbols.
In conclusion, whether you are a seasoned trader or a developer looking to create cutting-edge financial applications, the Metals-API offers the tools and data necessary to thrive in the dynamic world of precious metals trading.