Retrieve Goldman Sachs Physical Gold ETF (AAAU) prices using this API

Retrieve Goldman Sachs Physical Gold ETF (AAAU) Prices Using This API

Goldman Sachs Physical Gold ETF (AAAU) is a prime example of how investors are looking to leverage gold as a stable asset in their portfolios. To effectively track the prices of such ETFs, developers can utilize the Metals-API, a powerful tool that provides real-time and historical data on various metals, including gold (XAU). This blog post will delve into the intricacies of the Metals-API, its features, and how it can be utilized to retrieve accurate pricing information for the Goldman Sachs Physical Gold ETF.

About Gold (XAU)

API Description

Metals-API is designed to provide developers with a robust framework for accessing real-time and historical data on various metals. This API is particularly valuable for those looking to integrate precious metals pricing into their applications. With a focus on innovation and technological advancement, the Metals-API offers a suite of features that can transform how developers interact with metals data.

Metals-API Documentation. This resource outlines the various endpoints, their functionalities, and how to effectively utilize them in applications.

Key Features and Endpoints

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on the subscription plan. For example, a typical response might look like this:

{
    "success": true,
    "timestamp": 1750921215,
    "base": "USD",
    "date": "2025-06-26",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

• Historical Rates Endpoint: Access historical exchange rates for any date since 2019. This feature is invaluable for analyzing past performance and making future predictions. A typical response might look like this:

{
    "success": true,
    "timestamp": 1750834815,
    "base": "USD",
    "date": "2025-06-25",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

• Bid And Ask Endpoint: This powerful feature allows developers to retrieve real-time bid and ask prices for metals, providing insights into market liquidity. A sample response is as follows:

{
    "success": true,
    "timestamp": 1750921215,
    "base": "USD",
    "date": "2025-06-26",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

• Convert Endpoint: This endpoint allows for the conversion of any amount from one metal to another or to/from USD. This is particularly useful for traders who need to quickly assess the value of their holdings. An example response might be:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1750921215,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

• Time-Series Endpoint: This feature allows users to query the API for daily historical rates between two dates of their choice. This is particularly useful for trend analysis. A typical response might look like this:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-19",
    "end_date": "2025-06-26",
    "base": "USD",
    "rates": {
        "2025-06-19": {
            "XAU": 0.000485
        },
        "2025-06-26": {
            "XAU": 0.000482
        }
    },
    "unit": "per troy ounce"
}

• Fluctuation Endpoint: This endpoint provides information about how currencies fluctuate on a day-to-day basis, which is crucial for understanding market volatility. A sample response is:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-19",
    "end_date": "2025-06-26",
    "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: This endpoint allows users to retrieve OHLC data for a specific time period, which is essential for technical analysis. A typical response might look like this:

{
    "success": true,
    "timestamp": 1750921215,
    "base": "USD",
    "date": "2025-06-26",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is crucial for those trading industrial metals.

Metals-API Supported Symbols page. This resource provides detailed specifications for each metal, ensuring developers can easily find the information they need.

Practical Use Cases and Integration Strategies

• Trading Platforms: Developers can create trading platforms that utilize the latest rates and historical data to provide users with comprehensive insights into market trends. By leveraging the Latest Rates Endpoint, traders can make informed decisions based on real-time data.
• Investment Analysis Tools: By utilizing the Time-Series Endpoint, developers can build tools that analyze historical price trends, helping investors identify potential entry and exit points.
• Portfolio Management Applications: The Convert Endpoint can be integrated into portfolio management tools, allowing users to quickly assess the value of their holdings in different metals.

Conclusion

Metals-API is a powerful tool for developers looking to integrate real-time and historical data on precious metals into their applications. With its comprehensive suite of features, including the ability to retrieve the latest rates, historical data, and bid/ask prices, the API empowers developers to create innovative solutions for traders and investors alike. By leveraging the capabilities of the Metals-API, developers can enhance their applications, providing users with the insights they need to navigate the complex world of precious metals trading.

Metals-API Website and explore the extensive documentation available. With the right tools and knowledge, developers can harness the power of real-time metals data to drive their applications forward.