Retrieve Daily Kanpur Gold 22k (KANP-22k) Historical Prices Using Metals-API

Retrieve Daily Kanpur Gold 22k (KANP-22k) Historical Prices Using Metals-API

In the world of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. For those interested in tracking the historical prices of gold, particularly the Kanpur Gold 22k (KANP-22k), the Metals-API offers a robust solution. This blog post will delve into the capabilities of the Metals-API, focusing on how developers can retrieve historical prices and leverage the API's features to enhance their applications.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. In recent years, the digital transformation in precious metals has revolutionized how traders and investors interact with this valuable asset. The integration of data analytics and market insights has enabled traders to make more informed decisions based on real-time data. Furthermore, technology integration in trading platforms has streamlined the buying and selling processes, allowing for greater efficiency and transparency.

Innovation in price discovery has also been a significant aspect of the gold market. With the advent of digital asset solutions, investors can now access a wealth of information at their fingertips. The Metals-API plays a pivotal role in this transformation, providing developers with the tools they need to build next-generation applications that can analyze and visualize gold price trends effectively.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data for various metals, including gold, silver, platinum, and palladium. This API empowers developers to create applications that can access up-to-date market information, enabling them to make data-driven decisions. The API's capabilities include retrieving the latest rates, historical prices, bid and ask prices, and much more.

For developers looking to integrate the Metals-API into their applications, the Metals-API Documentation offers comprehensive guidance on how to utilize the API effectively. The documentation covers everything from authentication to endpoint usage, ensuring that developers have all the information they need to get started.

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: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need the most current market information.
  • Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. Developers can query the Metals-API for historical rates by appending a date to the endpoint, allowing for detailed analysis of price trends over time.
  • Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for various metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint that allows users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
  • Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, making it easier to analyze price movements over specific periods.
  • Fluctuation Endpoint: Users can retrieve information about how currencies fluctuate on a day-to-day basis, which is crucial for understanding market volatility.
  • Carat Endpoint: This feature provides information about gold rates by carat, allowing users to get precise pricing based on the purity of gold.
  • Lowest/Highest Price Endpoint: This endpoint allows users to query the API to get the lowest and highest price for a specified date, which can be useful for identifying market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for a specific date, providing a comprehensive view of market performance.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, which is valuable for traders focused on industrial metals.
  • API Key: Each user receives a unique API key that must be included in requests to authenticate and authorize access to the API.
  • API Response: The Metals-API returns exchange rates relative to USD by default, ensuring consistency in data presentation.
  • Available Endpoints: The API comes with a constantly updated endpoint returning all available currencies, making it easy for developers to stay informed about supported symbols.
  • Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold price in India, catering to a specific market segment.
  • News Endpoint: Users can access the latest news articles related to various metals, keeping them informed about market trends and 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 understand the various metals available for trading and analysis.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective integration. Here are some examples of the API responses for various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1743566538,
    "base": "USD",
    "date": "2025-04-02",
    "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 priced at 0.000482 per troy ounce.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1743480138,
    "base": "USD",
    "date": "2025-04-01",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows the historical rates for gold and other metals on a specific date, allowing developers to analyze past performance.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-26",
    "end_date": "2025-04-02",
    "base": "USD",
    "rates": {
        "2025-03-26": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-28": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-02": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series response provides daily rates for a specified period, which is essential for trend analysis and forecasting.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1743566538,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response illustrates how the conversion endpoint works, showing the conversion of USD to gold based on the current rate.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-26",
    "end_date": "2025-04-02",
    "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 example demonstrates how to track rate fluctuations over a specified period, providing insights into market volatility.

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1743566538,
    "base": "USD",
    "date": "2025-04-02",
    "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 response provides a comprehensive view of market performance for a specific date, essential for traders looking to analyze price movements.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1743566538,
    "base": "USD",
    "date": "2025-04-02",
    "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 current bid and ask prices, which are crucial for understanding market liquidity and making trading decisions.

Conclusion

The Metals-API is an invaluable resource for developers and traders looking to access real-time and historical data for precious metals, including Kanpur Gold 22k (KANP-22k). By leveraging the various endpoints offered by the API, users can gain insights into market trends, perform detailed analyses, and make informed trading decisions.

With features such as the latest rates, historical rates, and fluctuation tracking, the Metals-API empowers developers to create applications that can adapt to the fast-paced world of precious metals trading. For more information on how to get started, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols page for a comprehensive list of available metal symbols.

As the digital landscape continues to evolve, the integration of advanced technologies and data analytics in the precious metals market will only grow. By utilizing the Metals-API, developers can stay ahead of the curve and build innovative solutions that meet the demands of today's traders.

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