Retrieve live Hyderabad Gold 24k (HYDE-24k) prices using this API

Retrieve Live Hyderabad Gold 24k (HYDE-24k) Prices Using This API

In the ever-evolving landscape of precious metals trading, staying updated with real-time data is crucial for investors and developers alike. The Metals-API offers a robust solution for retrieving live prices, including the popular Gold (XAU) prices in Hyderabad, India. This blog post delves into the capabilities of the Metals-API, exploring its features, endpoints, and the transformative potential it holds for developers looking to integrate real-time metals data into their applications.

Metals-API Information

About Gold (XAU)

Gold has long been a symbol of wealth and stability, and its significance in the financial markets cannot be overstated. As digital transformation sweeps across various sectors, the precious metals market is also experiencing a shift towards more data-driven approaches. The integration of technology in trading has opened new avenues for innovation in price discovery and market insights.

With the rise of data analytics, traders can now leverage advanced algorithms and machine learning techniques to analyze market trends and make informed decisions. The Metals-API plays a pivotal role in this transformation, providing developers with the tools to access real-time data and historical insights that can enhance trading strategies.

Moreover, the API empowers developers to create digital asset solutions that cater to the needs of modern investors. By harnessing the power of real-time metals data, applications can offer users a seamless experience in tracking gold prices, understanding market fluctuations, and making timely investment decisions.

API Description

The Metals-API is designed to provide comprehensive access to metals prices and currency conversion data. It offers a wide range of endpoints that cater to various needs, from retrieving the latest rates to accessing historical data. This API is built with innovation in mind, allowing developers to create next-generation applications that can adapt to the dynamic nature of the metals market.

One of the standout features of the Metals-API is its ability to deliver real-time data updates. Depending on the subscription plan, users can receive updates every 60 seconds or even every 10 minutes. This level of granularity ensures that traders have the most accurate and timely information at their fingertips.

For developers looking to build applications that require historical data, the Metals-API offers endpoints that allow for querying historical rates dating back to 2019. This capability is essential for conducting thorough market analyses and understanding long-term trends.

Key Features and Endpoints

The Metals-API comes equipped with a variety of endpoints, each designed to serve specific functionalities. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for various metals, including Gold (XAU). Depending on your subscription plan, you can receive updates every 60 minutes or more frequently.
  • Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. This endpoint allows you to append a date to retrieve specific historical data.
  • Bid And Ask Endpoint: This powerful feature enables you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity.
  • Convert Endpoint: Use this endpoint to convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for in-depth analysis of price movements over time.
  • Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis, helping traders understand market volatility.
  • Carat Endpoint: This endpoint provides information about Gold rates by carat, catering to jewelers and consumers alike.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, which is crucial for technical analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
  • API Key: Your unique API key is essential for accessing the API, ensuring secure and authorized usage.
  • API Response: The API delivers exchange rates relative to USD, with all data returned in a structured JSON format.
  • Available Endpoints: The Metals-API offers a constantly updated list of available currencies and metals, ensuring users have access to the latest information.
  • Gold Price India Endpoint: Specifically designed to retrieve the latest gold price in India, this endpoint is invaluable for local traders.
  • News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

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

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1744862418,
    "base": "USD",
    "date": "2025-04-17",
    "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": 1744776018,
    "base": "USD",
    "date": "2025-04-16",
    "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": "2025-04-10",
    "end_date": "2025-04-17",
    "base": "USD",
    "rates": {
        "2025-04-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-17": {
            "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": 1744862418,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-10",
    "end_date": "2025-04-17",
    "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": 1744862418,
    "base": "USD",
    "date": "2025-04-17",
    "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": 1744862418,
    "base": "USD",
    "date": "2025-04-17",
    "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 a powerful tool for developers looking to integrate real-time gold prices and other metals data into their applications. With its extensive range of endpoints, including the latest rates, historical data, and fluctuation tracking, this API provides a comprehensive solution for accessing precious metals information.

By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance trading strategies and provide valuable insights into market trends. Whether you are building a trading platform, a financial analysis tool, or a simple price tracker, the Metals-API offers the flexibility and functionality needed to succeed in the competitive world of precious metals trading.

For more information on how to get started, visit the Metals-API Documentation for detailed guidance on implementation and usage. Explore the Metals-API Supported Symbols to understand the full range of available data, and check out the Metals-API Website for additional resources and updates.

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