Track Guwahati Gold 24k (GUWA-24k) prices effortlessly with this API

Track Guwahati Gold 24k (GUWA-24k) Prices Effortlessly with This API

In today's fast-paced financial landscape, tracking the prices of precious metals like Gold (XAU) has become increasingly important for investors, traders, and developers alike. The Metals-API offers a robust solution for accessing real-time and historical data on Gold prices, including the specific rates for Guwahati Gold 24k (GUWA-24k). This blog post will delve into the capabilities of the Metals-API, exploring its features, endpoints, and how it can empower developers to create innovative applications that leverage precious metals data.

About Gold (XAU)

Gold has long been regarded as a safe-haven asset, a hedge against inflation, and a store of value. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. With the integration of technology in trading, investors can now access real-time data, enabling them to make informed decisions quickly. The innovation in price discovery mechanisms has also been enhanced by digital asset solutions, allowing for more accurate and timely valuations of Gold.

The Metals-API provides a comprehensive suite of tools for tracking Gold prices, including the ability to retrieve the latest rates, historical data, and even fluctuations over time. By utilizing this API, developers can build applications that not only display current prices but also analyze trends and provide insights into market movements.

API Description

The Metals-API is a powerful tool that provides developers with access to real-time metals data. It is designed to facilitate the integration of precious metals pricing into various applications, whether for trading platforms, financial analysis tools, or e-commerce solutions. The API's capabilities extend beyond mere price retrieval; it empowers developers to create next-generation applications that can analyze, visualize, and interpret metals data in innovative ways.

With the Metals-API, developers can access a wide range of endpoints that cater to different needs. For instance, the Metals-API Documentation provides detailed information on how to utilize each endpoint effectively, ensuring that developers can maximize the potential of the API.

Key Features and Endpoints

The Metals-API offers several key features that enhance its usability and functionality:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for Gold and other metals, updated every 60 minutes or even every 10 minutes. This feature is crucial for traders who need the most current pricing information.
  • Historical Rates Endpoint: Access historical rates for Gold dating back to 2019. By appending a specific date to your query, you can retrieve past prices, allowing for comprehensive market analysis and trend identification.
  • Bid And Ask Endpoint: This powerful feature enables you to retrieve real-time bid and ask prices for Gold, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders operating in different currencies.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is invaluable for analyzing price trends over specific periods.
  • Fluctuation Endpoint: Retrieve information about how Gold prices fluctuate on a day-to-day basis, helping traders understand market volatility.
  • Carat Endpoint: Get information about Gold rates by carat, which is essential for jewelers and consumers interested in purchasing Gold jewelry.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for Gold over a specified period, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for Gold, which are critical for technical analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for in-depth analysis of market trends.
  • API Key: Your unique API key is essential for accessing the API's features and should be included in all requests.
  • API Response: The exchange rates delivered by the Metals-API are relative to USD, ensuring consistency in data interpretation.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, allowing developers to stay informed about the symbols they can use.
  • Gold Price India Endpoint: Retrieve the latest Gold price specifically for India, which is crucial for local traders and consumers.
  • News Endpoint: Stay updated with the latest news articles related to various metals, providing context and insights into 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. This resource is invaluable for developers looking to integrate specific metals into their applications.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1745287221,
    "base": "USD",
    "date": "2025-04-22",
    "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 call was successful and provides the latest exchange rates for various metals, including Gold (XAU).

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1745200821,
    "base": "USD",
    "date": "2025-04-21",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows how to access historical rates for Gold, providing valuable data for trend analysis.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-15",
    "end_date": "2025-04-22",
    "base": "USD",
    "rates": {
        "2025-04-15": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-17": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-22": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides daily historical rates for Gold over a specified period, allowing for detailed analysis of price movements.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745287221,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This example demonstrates how to convert an amount from USD to Gold (XAU), providing the result in troy ounces.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-15",
    "end_date": "2025-04-22",
    "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 response provides insights into how Gold prices fluctuate over a specified period, which is essential for understanding market dynamics.

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

{
    "success": true,
    "timestamp": 1745287221,
    "base": "USD",
    "date": "2025-04-22",
    "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"
}

This endpoint provides critical data for traders, allowing them to analyze price movements within a specific timeframe.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1745287221,
    "base": "USD",
    "date": "2025-04-22",
    "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 the current bid and ask prices for Gold, which are essential for traders looking to execute orders effectively.

Conclusion

The Metals-API is an invaluable resource for developers looking to integrate real-time Gold pricing data into their applications. With its comprehensive suite of endpoints, including the latest rates, historical data, and fluctuation tracking, developers can create powerful tools that provide insights into the precious metals market. By leveraging the capabilities of the Metals-API, you can enhance your applications with accurate and timely data, enabling users to make informed decisions in a rapidly changing financial landscape.

For more information on how to get started with the Metals-API, visit the Metals-API Documentation for detailed guidance on implementation and usage. Explore the Metals-API Supported Symbols page to familiarize yourself with the various metals available for tracking. Finally, don't forget to check out the Metals-API Website for additional resources and updates.

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