Step-by-Step Guide to Obtain Surat Gold (XAU-SURA) Historical Prices with this API

Step-by-Step Guide to Obtain Surat Gold (XAU-SURA) Historical Prices with this API
In the rapidly evolving world of finance, the demand for accurate and timely data is paramount, especially in the realm of precious metals like Gold (XAU). This guide will walk you through the process of obtaining historical prices for Surat Gold (XAU-SURA) using the Metals-API. By leveraging this powerful API, developers can access a wealth of information that can transform how they analyze market trends, make trading decisions, and develop innovative applications.
About Gold (XAU)
Gold has long been considered a safe haven asset, a hedge against inflation, and a store of value. In recent years, the digital transformation in precious metals has opened new avenues for investors and traders alike. The integration of data analytics and market insights has allowed for a more nuanced understanding of price movements and trends. With the rise of technology in trading, the ability to access real-time data has become essential for making informed decisions.
Innovation in price discovery has also been a significant aspect of the gold market. As digital asset solutions continue to evolve, the importance of having access to accurate historical data cannot be overstated. This is where the Metals-API comes into play, providing developers with the tools they need to build next-generation applications that can analyze and interpret gold prices effectively.
Metals-API Overview
The Metals-API is a robust platform that offers real-time and historical data for various metals, including Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD). This API empowers developers to create applications that can track prices, analyze trends, and provide insights into the metals market. With its user-friendly interface and comprehensive documentation, the Metals-API is an invaluable resource for anyone looking to integrate metals data into their applications.
For more information, visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on how to use the API effectively.
Key Features of Metals-API
The Metals-API offers a variety of endpoints that cater to different needs, making it a versatile tool for developers. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to make quick decisions based on the latest market conditions.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve historical prices for Gold and other metals, allowing for in-depth analysis of price trends over time.
- Bid and Ask Endpoint: This powerful feature enables you to retrieve real-time Bid and Ask prices for metals, providing insight into market liquidity and helping traders make informed decisions.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing you to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders dealing in multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is invaluable for analyzing trends over specific periods and understanding market movements.
- Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis. This endpoint helps traders understand volatility and make better trading decisions.
- Carat Endpoint: Get information about Gold rates by Carat. This feature is particularly useful for jewelers and those in the jewelry industry.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date, which can help in identifying market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows you to get the open, high, low, and close prices for a specific date, providing a comprehensive view of market activity.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is crucial for those involved in industrial metals trading.
- API Key: Your unique API Key is essential for accessing the API and must be included in your requests.
- API Response: The API delivers exchange rates relative to USD by default, and all data is returned in a structured JSON format for easy integration.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring you have the latest information at your fingertips.
- Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local traders.
- News Endpoint: Stay updated with the latest news articles related to various metals, helping you stay informed about market developments.
Understanding API Responses
When you make a request to the Metals-API, you will receive a structured JSON response. Understanding this response is crucial for effectively utilizing the API. Below are examples of the response formats for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1754679620,
"base": "USD",
"date": "2025-08-08",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates that the request was successful, providing the latest rates for various metals relative to USD. The "rates" object contains the current price for Gold (XAU) and other metals.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1754593220,
"base": "USD",
"date": "2025-08-07",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
This response shows the historical price for Gold on a specific date, allowing for analysis of past market behavior.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-08-01",
"end_date": "2025-08-08",
"base": "USD",
"rates": {
"2025-08-01": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-08-03": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-08-08": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
This response provides daily historical rates for a specified time period, allowing for trend analysis over time.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1754679620,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response shows the conversion of an amount from USD to Gold (XAU), providing both the rate and the result of the conversion.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-08-01",
"end_date": "2025-08-08",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
This response provides information about the fluctuation of Gold prices over a specified period, including the percentage change, which is crucial for understanding market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1754679620,
"base": "USD",
"date": "2025-08-08",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
This response provides the open, high, low, and close prices for Gold on a specific date, which is essential for traders looking to analyze market trends.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1754679620,
"base": "USD",
"date": "2025-08-08",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
This response provides the current bid and ask prices for Gold, which are crucial for traders to understand market dynamics and liquidity.
Common Use Cases for Metals-API
The Metals-API can be utilized in various scenarios, including:
- Trading Applications: Developers can create trading platforms that leverage real-time and historical data to provide users with insights and analytics.
- Market Analysis Tools: By integrating the API, analysts can build tools that track price movements and generate reports based on historical data.
- Investment Portfolio Management: Investors can use the API to monitor their portfolios and make informed decisions based on current and historical metal prices.
- Financial News Aggregators: News applications can incorporate the API to provide users with the latest updates on metal prices and market trends.
Best Practices for Using Metals-API
When working with the Metals-API, consider the following best practices:
- Rate Limiting: Be mindful of the API's rate limits based on your subscription plan to avoid exceeding your quota.
- Error Handling: Implement robust error handling to manage API response errors gracefully and provide users with meaningful feedback.
- Data Caching: Consider caching frequently accessed data to reduce API calls and improve application performance.
- Security: Always keep your API Key secure and avoid exposing it in client-side code.
Conclusion
In conclusion, the Metals-API is a powerful tool for developers looking to access real-time and historical data for precious metals like Gold (XAU). By understanding the various endpoints and their functionalities, developers can create innovative applications that provide valuable insights into the metals market. Whether you're building a trading platform, market analysis tool, or investment management application, the Metals-API offers the flexibility and data you need to succeed.
For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. With the right tools and knowledge, you can harness the power of real-time metals data to drive your applications forward.