Understand Gurgaon Gold 22k (GURG-22k) Historical Prices with Metals-API

Understanding Gurgaon Gold 22k (GURG-22k) Historical Prices with Metals-API

In the dynamic world of precious metals, understanding the historical prices of gold, particularly Gurgaon Gold 22k (GURG-22k), is essential for investors, traders, and enthusiasts alike. The Metals-API provides a robust platform for accessing real-time and historical data on various metals, including gold. This blog post will delve into the intricacies of the Metals-API, focusing on how to retrieve historical prices and the transformative potential of this technology in the realm of precious metals trading.

About Gold (XAU)

Gold has long been a symbol of wealth and a reliable store of value. As a precious metal, it plays a crucial role in global finance and investment strategies. The digital transformation in the precious metals market has revolutionized how investors access and analyze data. With the advent of data analytics and market insights, traders can now make informed decisions based on real-time information.

Technology integration in trading has enabled the development of innovative solutions for price discovery. The Metals-API stands at the forefront of this transformation, offering developers the tools to build next-generation applications that leverage real-time metals data. By utilizing the Metals-API, users can gain insights into market trends, fluctuations, and historical pricing, empowering them to make strategic investment decisions.

API Description

The Metals-API is a powerful tool designed for developers looking to integrate metals pricing data into their applications. It offers a range of endpoints that provide access to real-time and historical data, enabling users to track market movements and analyze trends effectively. The API's capabilities extend beyond mere data retrieval; it empowers developers to create applications that can respond to market changes in real-time, enhancing user experience and decision-making processes.

For more information, visit the Metals-API Website or explore the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to cater to specific needs within the precious metals market. Here are some of the key features:

  • 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 your subscription plan. This feature is invaluable for traders who need to stay updated on market prices.
  • Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API request. This allows for in-depth analysis of price trends over time, essential for making informed investment decisions.
  • Bid And Ask Endpoint: This powerful feature retrieves real-time bid and ask prices, providing insight into market liquidity and helping traders gauge the best times to enter or exit positions.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert amounts between different metals or to/from USD. This is particularly useful for traders dealing in multiple currencies.
  • Time-Series Endpoint: This endpoint enables users to query daily historical rates between two chosen dates, facilitating detailed analysis of price movements over specific periods.
  • Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders make timely decisions.
  • Carat Endpoint: This feature allows users to retrieve gold rates by carat, which is essential for jewelers and consumers looking to understand the value of gold jewelry.
  • Lowest/Highest Price Endpoint: This endpoint enables users to query the API for the lowest and highest prices over a specified period, helping traders identify market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for a specific date, providing a comprehensive view of market performance.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for extensive analysis of market trends.
  • API Key: Each user is assigned a unique API key, which is required for authentication and access to the API's features.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The API features a constantly updated endpoint that returns all available currencies, ensuring users have access to the latest data.
  • Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold prices in India, catering to a significant market segment.
  • News Endpoint: Users can access the latest news articles related to various metals, keeping them informed about market developments.

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

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

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1745024514,
    "base": "USD",
    "date": "2025-04-19",
    "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"
}

The response indicates a successful request, providing the timestamp, base currency, date, and the latest rates for various metals, including gold (XAU).

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1744938114,
    "base": "USD",
    "date": "2025-04-18",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows the historical rates for a specific date, allowing users to analyze past market conditions.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-12",
    "end_date": "2025-04-19",
    "base": "USD",
    "rates": {
        "2025-04-12": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-14": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-19": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This example illustrates how to retrieve exchange rates for a specific time period, enabling users to track price movements over time.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745024514,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The convert endpoint allows users to convert amounts between different metals or currencies, providing a result that is easy to interpret.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-12",
    "end_date": "2025-04-19",
    "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 metal prices fluctuate over a specified period, essential for traders looking to capitalize on market movements.

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1745024514,
    "base": "USD",
    "date": "2025-04-19",
    "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"
}

The OHLC endpoint provides a comprehensive view of market performance, allowing traders to analyze price movements throughout the trading day.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1745024514,
    "base": "USD",
    "date": "2025-04-19",
    "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 endpoint provides current bid and ask prices for metals, helping traders assess market conditions and make informed decisions.

Conclusion

In conclusion, understanding the historical prices of Gurgaon Gold 22k (GURG-22k) is crucial for making informed investment decisions in the precious metals market. The Metals-API offers a comprehensive suite of features that empower developers to access real-time and historical data, analyze trends, and build innovative applications. By leveraging the capabilities of the Metals-API, users can gain valuable insights into market dynamics, enhancing their trading strategies.

For further exploration of the Metals-API, including detailed documentation and a complete list of supported symbols, visit the Metals-API Documentation and the Metals-API Supported Symbols page. Embrace the future of precious metals trading with the transformative potential of real-time data.

Ready to use Metals-API?

Try it now!

Recent Posts