Retrieve Chandigarh Gold 24k (CHAN-24k) prices using this API

Retrieve Chandigarh Gold 24k (CHAN-24k) Prices Using This API

In the rapidly evolving world of precious metals trading, the ability to access real-time data is crucial for making informed decisions. The Metals-API provides developers with a powerful tool to retrieve current and historical prices for various metals, including Gold (XAU). This blog post will delve into the capabilities of the Metals-API, focusing on how it can be utilized to retrieve Chandigarh Gold 24k (CHAN-24k) prices and the innovative features that make it an essential resource for API developers.

Metals-API Information

About Gold (XAU)

Gold has long been regarded as a safe-haven asset, especially during times of economic uncertainty. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. With the integration of technology in trading, investors can now leverage real-time data to make strategic decisions. The Metals-API plays a pivotal role in this transformation by providing developers with the tools necessary to access and analyze gold prices efficiently.

Through the API, developers can explore various themes such as innovation in price discovery and digital asset solutions. The ability to retrieve real-time and historical data empowers traders to understand market trends, assess risks, and optimize their trading strategies. By utilizing the Metals-API, developers can create applications that not only provide price information but also offer insights into market fluctuations and trends.

API Description

The Metals-API is designed to deliver real-time metals data, enabling developers to build next-generation applications that require accurate and timely information. With its robust infrastructure, the API supports a wide range of functionalities, including retrieving the latest rates, historical data, and even bid and ask prices. This level of access allows developers to create sophisticated trading platforms, analytics tools, and financial applications that cater to the needs of modern investors.

For more detailed information, you can refer to the Metals-API Documentation, which outlines the various endpoints and their functionalities.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently, depending on your subscription plan. For instance, if you want to retrieve the latest gold price in Chandigarh, you can use this endpoint to get up-to-date information.
  • Historical Rates Endpoint: Access historical rates dating back to 2019. This feature is particularly useful for analyzing trends over time. By appending a specific date to your query, you can retrieve historical gold prices and make informed decisions based on past performance.
  • Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for gold and other metals. Understanding the bid-ask spread is crucial for traders looking to optimize their entry and exit points.
  • Convert Endpoint: The Metals-API comes with a currency conversion endpoint, enabling you to convert any amount from one metal to another or to/from USD. This is particularly useful for traders who operate in multiple currencies.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature allows for in-depth analysis of price movements over specific periods.
  • Fluctuation Endpoint: Retrieve information about how gold prices fluctuate on a day-to-day basis. This endpoint can help traders understand volatility and make better trading decisions.
  • Carat Endpoint: This endpoint provides information about gold rates by carat, which is essential for jewelers and traders dealing in different purities of gold.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price of gold for a specified date range. This information is vital for identifying price extremes and potential trading opportunities.
  • Open/High/Low/Close (OHLC) Price Endpoint: Retrieve OHLC data for a specific time period, which is crucial for technical analysis and understanding market trends.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive analysis of metal prices.
  • API Key: Your API Key is essential for accessing the API's features. It must be included in your requests to authenticate your access.
  • API Response: The exchange rates delivered by the Metals-API are relative to USD by default, ensuring consistency in your data analysis.
  • Available Endpoints: The API comes with a constantly updated endpoint returning all available currencies, ensuring you have access to the latest data.
  • Gold Price India Endpoint: Specifically designed to retrieve the latest gold price in India, this endpoint is invaluable for traders operating in the Indian market.
  • News Endpoint: Stay updated with the latest news articles related to various metals, which can impact market prices and trading strategies.

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.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective implementation. Here are some examples of the API responses for various endpoints:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1744934542,
    "base": "USD",
    "date": "2025-04-18",
    "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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1744848142,
    "base": "USD",
    "date": "2025-04-17",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-11",
    "end_date": "2025-04-18",
    "base": "USD",
    "rates": {
        "2025-04-11": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-13": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-18": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1744934542,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-11",
    "end_date": "2025-04-18",
    "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"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1744934542,
    "base": "USD",
    "date": "2025-04-18",
    "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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1744934542,
    "base": "USD",
    "date": "2025-04-18",
    "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"
}

Conclusion

The Metals-API is an invaluable resource for developers looking to integrate real-time and historical data on precious metals, including Gold (XAU). By leveraging its various endpoints, developers can create sophisticated applications that cater to the needs of traders and investors. The API's capabilities, such as retrieving the latest rates, historical data, and bid/ask prices, empower users to make informed decisions based on accurate and timely information.

For those interested in exploring the full potential of the Metals-API, I encourage you to visit the Metals-API Website for more information and to access the comprehensive Metals-API Documentation. By utilizing this powerful API, developers can stay ahead in the competitive world of precious metals trading.

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