Retrieve Chandigarh Gold 24k (CHAN-24k) Price Data for Analysis with Metals-API

In the ever-evolving landscape of precious metals trading, the ability to access accurate and timely data is paramount. For developers and analysts focused on gold, particularly the Chandigarh Gold 24k (CHAN-24k), leveraging the capabilities of the Metals-API can significantly enhance data analysis and decision-making processes. This blog post delves into the intricacies of retrieving historical price data for gold using the Metals-API, exploring its features, endpoints, and practical applications.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As digital transformation sweeps across industries, the precious metals market is not left untouched. The integration of data analytics and technology into gold trading is reshaping how investors and traders interact with the market. With the rise of digital asset solutions, the demand for real-time data and market insights has never been higher.

Data analytics plays a crucial role in understanding market trends and making informed decisions. By utilizing the Metals-API, developers can access a wealth of historical and real-time data, enabling them to build applications that provide insights into price movements, market fluctuations, and trading opportunities. This API empowers users to harness the power of technology for innovative price discovery, allowing for more strategic trading approaches.

API Description

The Metals-API is designed to provide comprehensive access to metals pricing data, including gold, silver, platinum, and palladium. Its capabilities extend beyond simple price retrieval; it offers a suite of features that enable developers to create next-generation applications. The API's real-time data delivery and historical data access allow for robust analysis and informed decision-making.

With a focus on innovation and technological advancement, the Metals-API is a transformative tool for anyone involved in the metals market. It provides developers with the resources needed to build applications that can analyze trends, forecast prices, and optimize trading strategies. The API's capabilities include various endpoints that cater to different data needs, making it a versatile solution for developers.

Key Features and Endpoints

The Metals-API offers a range of endpoints, each designed to fulfill specific data requirements. Here are some of the key features:

Latest Rates Endpoint: This endpoint provides real-time exchange rate data, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. It allows users to access the most current prices for gold and other metals.
Historical Rates Endpoint: Users can retrieve historical rates dating back to 2019 by appending a specific date to the API request. This feature is essential for analyzing past price movements and trends.
Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: The conversion endpoint enables users to convert amounts between different metals or to/from USD, facilitating easy calculations for trading and investment.
Time-Series Endpoint: This endpoint allows users to query daily historical rates between two chosen dates, making it easier to analyze trends over specific periods.
Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, providing valuable insights into market volatility.
Carat Endpoint: This feature allows users to retrieve gold rates by carat, catering to specific market needs.
Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, aiding in market analysis.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, essential for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for comprehensive market analysis.
API Key: Each user receives a unique API key that must be included in requests to authenticate access to the API.
API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: The Metals-API provides a constantly updated list of all available currencies and metals.
Gold Price India Endpoint: This dedicated endpoint retrieves the latest gold price in India, catering to regional market needs.
News Endpoint: Users can access the latest news articles related to various metals, keeping them 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 metals into their applications.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective integration. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1745107547,
    "base": "USD",
    "date": "2025-04-20",
    "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 a successful request, providing the latest exchange rates for various metals, including gold (XAU). The rates are expressed per troy ounce, which is the standard measurement in the precious metals market.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1745021147,
    "base": "USD",
    "date": "2025-04-19",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows a successful retrieval of historical rates for a specific date. Developers can utilize this data to analyze past price trends and make informed predictions about future movements.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-13",
    "end_date": "2025-04-20",
    "base": "USD",
    "rates": {
        "2025-04-13": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-15": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-20": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series response provides daily rates for a specified period, allowing developers to visualize trends and fluctuations over time. This data is essential for creating analytical tools that can predict future price movements based on historical performance.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745107547,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The convert endpoint allows users to convert a specified amount from one currency to another. In this case, it converts 1000 USD to gold (XAU), resulting in 0.482 troy ounces. This functionality is particularly useful for traders who need to quickly assess the value of their investments in different metals.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-13",
    "end_date": "2025-04-20",
    "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 prices fluctuate over a specified period. Understanding these fluctuations is critical for traders who aim to capitalize on market volatility.

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

{
    "success": true,
    "timestamp": 1745107547,
    "base": "USD",
    "date": "2025-04-20",
    "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 essential data for technical analysis, allowing traders to assess market trends based on opening, closing, highest, and lowest prices within a specific timeframe.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1745107547,
    "base": "USD",
    "date": "2025-04-20",
    "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, which are crucial for traders looking to execute orders at optimal prices. Understanding the spread between bid and ask prices can help traders gauge market conditions and liquidity.

Conclusion

In conclusion, the Metals-API is an invaluable resource for developers and analysts working with precious metals, particularly gold. Its comprehensive suite of endpoints allows for real-time data retrieval, historical analysis, and conversion capabilities, empowering users to make informed trading decisions. By leveraging the API's features, developers can create innovative applications that enhance market insights and trading strategies.

As the digital transformation of the precious metals market continues, the importance of accurate data and analytics will only grow. The Metals-API stands at the forefront of this transformation, providing the tools necessary for developers to build next-generation applications that can thrive in a competitive landscape. For more information, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation and usage.

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Retrieve Chandigarh Gold 24k (CHAN-24k) Price Data for Analysis with Metals-API