Retrieve FT Cboe Vest Gold Target Income ETF (IGLD) price data with this API

Retrieve FT Cboe Vest Gold Target Income ETF (IGLD) Price Data with This API

The world of precious metals trading is undergoing a significant transformation, driven by technological advancements and the increasing demand for real-time data. One of the key players in this space is the Metals-API, which provides developers with the tools to access and analyze price data for various metals, including gold, silver, platinum, and palladium. In this blog post, we will delve into the intricacies of the Metals-API, focusing on how to retrieve price data for the FT Cboe Vest Gold Target Income ETF (IGLD) and explore the broader implications of digital transformation in the precious metals market.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of the financial markets, serving as a safe haven asset and a hedge against inflation. The digital transformation in precious metals trading is reshaping how investors and traders interact with gold. With the rise of data analytics and market insights, stakeholders can now make informed decisions based on real-time data rather than relying solely on historical trends.

Technology integration in trading platforms has enabled seamless access to gold price data, allowing for innovation in price discovery. The Metals-API exemplifies this shift by providing developers with a robust platform to build applications that leverage real-time data for trading strategies, investment analysis, and market forecasting. Furthermore, digital asset solutions are emerging, allowing gold to be traded in new formats, enhancing liquidity and accessibility.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data for various metals. It empowers developers to create next-generation applications that can analyze and visualize metal prices, track fluctuations, and convert currencies with ease. The API's capabilities include:

• Real-time data access: Get the latest prices for metals updated frequently, ensuring you have the most accurate information at your fingertips.
• Historical data retrieval: Access historical price data dating back to 2019, allowing for comprehensive analysis and trend identification.
• Currency conversion: Convert amounts between different metals and currencies effortlessly.
• Bid and ask prices: Retrieve real-time bid and ask prices to make informed trading decisions.
• Time-series analysis: Analyze price movements over specific periods to identify patterns and trends.

For more detailed information, you can visit the Metals-API Documentation or explore the Metals-API Supported Symbols.

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

The Latest Rates Endpoint provides real-time exchange rate data for metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes or even every 10 minutes. This feature is crucial for traders who need to make quick decisions based on the latest market movements.

{
        "success": true,
        "timestamp": 1747382415,
        "base": "USD",
        "date": "2025-05-16",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

The Historical Rates Endpoint allows users to access historical exchange rates for most currencies dating back to 2019. This is particularly useful for analyzing trends over time and understanding how market conditions have changed.

{
        "success": true,
        "timestamp": 1747296015,
        "base": "USD",
        "date": "2025-05-15",
        "rates": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "unit": "per troy ounce"
    }

Bid And Ask Endpoint

The Bid And Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for metals. This information is essential for traders looking to execute orders at the best possible prices.

{
        "success": true,
        "timestamp": 1747382415,
        "base": "USD",
        "date": "2025-05-16",
        "rates": {
            "XAU": {
                "bid": 0.000481,
                "ask": 0.000483,
                "spread": 2.0e-6
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAU",
            "amount": 1000
        },
        "info": {
            "timestamp": 1747382415,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This is particularly useful for analyzing trends and fluctuations over time.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-05-09",
        "end_date": "2025-05-16",
        "base": "USD",
        "rates": {
            "2025-05-09": {
                "XAU": 0.000485
            },
            "2025-05-16": {
                "XAU": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This is essential for traders who want to understand market volatility and make informed decisions.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-05-09",
        "end_date": "2025-05-16",
        "base": "USD",
        "rates": {
            "XAU": {
                "start_rate": 0.000485,
                "end_rate": 0.000482,
                "change": -3.0e-6,
                "change_pct": -0.62
            }
        },
        "unit": "per troy ounce"
    }

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

The Open/High/Low/Close (OHLC) Price Endpoint allows users to query the API for the open, high, low, and close prices for a specific time period. This data is crucial for traders looking to analyze market trends and make predictions.

{
        "success": true,
        "timestamp": 1747382415,
        "base": "USD",
        "date": "2025-05-16",
        "rates": {
            "XAU": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for those involved in trading metals on the London Metal Exchange.

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 Symbols page.

Conclusion

The Metals-API is revolutionizing the way developers and traders interact with precious metals data. By providing real-time access to prices, historical data, and various analytical tools, it empowers users to make informed decisions in a rapidly changing market. As the digital transformation in precious metals continues, APIs like Metals-API will play a crucial role in shaping the future of trading and investment strategies.

For more information about the capabilities of the Metals-API, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation and usage.