Retrieve Coimbatore Gold 24k (COIM-24k) Historical Prices via this API

Retrieve Coimbatore Gold 24k (COIM-24k) Historical Prices via this API
In today's digital age, the demand for real-time data and analytics has transformed the way we interact with precious metals, particularly gold. For developers and traders looking to retrieve historical prices for Coimbatore Gold 24k (COIM-24k), the Metals-API offers a robust solution. This API provides comprehensive access to gold prices, allowing users to harness the power of data analytics and market insights to make informed trading decisions.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. As a precious metal, it serves not only as a hedge against inflation but also as a safe haven during economic uncertainty. The digital transformation in the precious metals market has led to innovative solutions that integrate technology into trading practices. With the rise of data analytics, traders can now access market insights that were previously unavailable, enabling them to make data-driven decisions.
Technology integration in trading has revolutionized the way investors approach the gold market. The Metals-API stands at the forefront of this transformation, providing developers with the tools necessary to build next-generation applications that can analyze and interpret gold price movements in real-time. This innovation in price discovery is essential for traders who need to stay ahead of market trends.
Furthermore, the emergence of digital asset solutions has opened new avenues for investment in gold. By leveraging APIs like Metals-API, developers can create applications that facilitate seamless transactions, currency conversions, and historical data retrieval, thereby enhancing the overall trading experience.
API Description
The Metals-API is designed to empower developers by providing access to real-time and historical metals data. This API is a game-changer for those looking to integrate precious metals pricing into their applications. With its innovative capabilities, the Metals-API allows users to retrieve the latest rates, historical prices, and even perform currency conversions with ease.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can provide updates every 60 minutes, every 10 minutes, or even more frequently. This ensures that traders have access to the most current information, enabling them to make timely decisions.
For those interested in historical data, the Metals-API offers a Historical Rates Endpoint that allows users to query prices dating back to 2019. This feature is particularly useful for analyzing trends and making predictions based on past performance. By appending a specific date to the API request, developers can easily retrieve historical prices for gold and other metals.
Additionally, the API includes a Bid and Ask Endpoint, which provides real-time bid and ask prices for various metals. This feature is crucial for traders who need to know the current market spread to optimize their trading strategies. The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD, making it easier to manage transactions across different currencies.
The Time-Series Endpoint is another powerful feature that enables users to query daily historical rates between two chosen dates. This is particularly beneficial for traders looking to analyze price movements over specific periods. The Fluctuation Endpoint provides insights into how currencies fluctuate on a day-to-day basis, allowing for a deeper understanding of market dynamics.
For those interested in gold rates by carat, the Carat Endpoint offers detailed information, enabling users to retrieve gold prices based on carat specifications. The Lowest/Highest Price Endpoint allows users to query the API for the lowest and highest prices recorded on a specific date, providing valuable insights into market volatility.
The Open/High/Low/Close (OHLC) Price Endpoint is essential for traders who want to analyze price movements throughout the trading day. This endpoint provides data on the opening, high, low, and closing prices for a specific date, allowing for comprehensive market analysis. Furthermore, the Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008, making it a valuable resource for long-term analysis.
To access the Metals-API, developers must utilize their unique API Key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and ensures secure access to the API's features. The API response delivers exchange rates relative to USD, with all data returned in a structured JSON format, making it easy to integrate into applications.
Key Features and Endpoints
The Metals-API offers a wide range of endpoints, each designed to provide specific functionalities that cater to the needs of developers and traders alike. Below are some of the key features and their potential applications:
- Latest Rates Endpoint: Get real-time exchange rates for all available metals. This endpoint is crucial for traders who need up-to-the-minute pricing information.
- Historical Rates Endpoint: Access historical exchange rates for any date since 2019. This feature is invaluable for analyzing trends and making informed trading decisions.
- Bid and Ask Endpoint: Retrieve current bid and ask prices for metals, allowing traders to understand market spreads and optimize their strategies.
- Convert Endpoint: Convert any amount from one metal to another or to/from USD, facilitating seamless transactions across different currencies.
- Time-Series Endpoint: Get exchange rates for a specific time period, enabling detailed analysis of price movements over time.
- Fluctuation Endpoint: Track rate fluctuations between two dates, providing insights into market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, allowing for precise pricing based on specifications.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices recorded on a specific date, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Get OHLC data for a specific time period, essential for understanding daily price movements.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for long-term analysis.
- API Key: Essential for authentication, ensuring secure access to the API's features.
- API Response: Exchange rates are delivered in a structured JSON format, making integration straightforward.
- Available Endpoints: The API provides a comprehensive list of available endpoints, each offering unique functionalities.
- Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals.
- Gold Price India Endpoint: Retrieve the latest gold price in India using a dedicated endpoint.
- News Endpoint: Get the latest news articles related to various metals, keeping traders informed about market developments.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints along with their expected JSON responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1745982090,
"base": "USD",
"date": "2025-04-30",
"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, with XAU representing gold. The "success" field indicates whether the request was successful, while the "rates" object contains the current prices for each metal.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1745895690,
"base": "USD",
"date": "2025-04-29",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This endpoint allows users to access historical exchange rates for a specific date. The "rates" object provides the prices for each metal on that date, enabling traders to analyze past performance.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-04-23",
"end_date": "2025-04-30",
"base": "USD",
"rates": {
"2025-04-23": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-25": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-30": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The Time-Series Endpoint provides exchange rates for a specific time period, allowing traders to analyze trends over time. Each date in the "rates" object corresponds to the exchange rates for that day.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1745982090,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The Convert Endpoint allows users to convert amounts between different metals or currencies. In this example, 1000 USD is converted to 0.482 troy ounces of gold (XAU). The "result" field provides the converted amount, while the "rate" field shows the conversion rate used.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-23",
"end_date": "2025-04-30",
"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 how prices have changed over time. The "change" and "change_pct" fields indicate the absolute and percentage changes in price, respectively.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1745982090,
"base": "USD",
"date": "2025-04-30",
"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 Price Endpoint provides essential data for traders looking to analyze daily price movements. The "open," "high," "low," and "close" fields give a comprehensive view of market activity throughout the trading day.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1745982090,
"base": "USD",
"date": "2025-04-30",
"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"
}
The Bid/Ask Endpoint provides current bid and ask prices for metals, along with the spread. This information is crucial for traders looking to optimize their entry and exit points in the market.
Conclusion
In conclusion, the Metals-API is an invaluable resource for developers and traders seeking to retrieve historical prices for Coimbatore Gold 24k (COIM-24k) and other precious metals. With its extensive range of features, including real-time rates, historical data, and various conversion options, the API empowers users to make informed trading decisions based on accurate and timely information.
By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance the trading experience, providing users with the tools they need to navigate the complexities of the precious metals market. Whether you're looking to analyze trends, track fluctuations, or convert currencies, the Metals-API offers the functionality required to succeed in today's fast-paced trading environment.
For more information on the API's features and capabilities, be sure to check out the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals and currencies. With the right tools at your disposal, you can unlock the full potential of precious metals trading.