Understand Guwahati Gold 24k (GUWA-24k) Historical Prices via this API

Understanding Guwahati Gold 24k (GUWA-24k) Historical Prices via this API

In the ever-evolving landscape of precious metals trading, understanding the historical prices of gold, particularly Guwahati Gold 24k (GUWA-24k), is crucial for investors and traders alike. With the advent of digital transformation in the financial sector, accessing real-time and historical data has become more streamlined, thanks to innovative solutions like the Metals-API. This blog post will delve into the intricacies of GUWA-24k, exploring how to retrieve historical prices using the Metals-API, and the transformative potential of this technology in the realm of precious metals.

About Gold (XAU)

Gold, represented by the symbol XAU, is not just a metal; it is a symbol of wealth and stability. In recent years, the digital transformation in precious metals has reshaped how investors interact with this valuable asset. The integration of data analytics and market insights has empowered traders to make informed decisions based on real-time data. With technology integration in trading platforms, investors can now access a wealth of information at their fingertips, allowing for innovation in price discovery and investment strategies.

The rise of digital asset solutions has further enhanced the trading experience, enabling seamless transactions and improved liquidity. As the market for gold continues to evolve, understanding historical prices becomes paramount. This is where the Metals-API shines, providing developers and traders with the tools needed to access and analyze gold prices efficiently.

Metals-API Overview

The Metals-API is a powerful tool designed for developers looking to integrate precious metals data into their applications. It offers a comprehensive suite of endpoints that allow users to access real-time and historical prices for various metals, including gold, silver, platinum, and palladium. The API's capabilities extend beyond mere price retrieval; it empowers developers to build next-generation applications that leverage real-time data for enhanced decision-making.

One of the standout features of the Metals-API is its ability to provide historical rates dating back to 2019. This functionality is essential for traders who wish to analyze price trends over time, enabling them to make informed predictions about future price movements. The API's innovative design allows for seamless integration into existing systems, making it an invaluable resource for anyone involved in the precious metals market.

Key Features of Metals-API

The Metals-API offers a variety of endpoints, each serving a unique purpose in the realm of metals trading. Here are some of the key features:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated at intervals of your choosing, whether every 60 minutes or every 10 minutes. This feature is crucial for traders who need to stay informed about the latest market movements.
• 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 GUWA-24k, 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, providing insights into market liquidity and helping traders make informed decisions based on current market conditions.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one currency to another. This is particularly useful for traders dealing with multiple currencies in their transactions.
• Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, providing a comprehensive view of price movements over time.
• Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, giving traders insights into market volatility and helping them make strategic decisions.
• Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and traders dealing in various purities of gold.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, allowing traders to identify price extremes and make informed trading decisions.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, essential for technical analysis and trading strategies.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a broader context for price movements in the metals market.
• API Key: Your unique API key is essential for accessing the API's features, ensuring secure and authorized usage.
• API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format for easy integration.
• Available Endpoints: The API comes with 14 endpoints, each providing different functionalities to cater to various trading needs.
• Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring users have access to the latest information.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping traders informed about market developments.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, let's explore some example responses for key endpoints:

Latest Rates Endpoint

{
"success": true,
"timestamp": 1768349812,
"base": "USD",
"date": "2026-01-14",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

This response provides real-time exchange rates for various metals, including gold (XAU), allowing traders to make immediate decisions based on current market conditions.

Historical Rates Endpoint

{
"success": true,
"timestamp": 1768263412,
"base": "USD",
"date": "2026-01-13",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

This endpoint allows users to access historical exchange rates for a specific date, enabling in-depth analysis of price movements over time.

Time-Series Endpoint

{
"success": true,
"timeseries": true,
"start_date": "2026-01-07",
"end_date": "2026-01-14",
"base": "USD",
"rates": {
"2026-01-07": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-09": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-14": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

This response provides a time-series view of exchange rates, allowing traders to analyze trends and fluctuations over a specified period.

Convert Endpoint

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1768349812,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

The Convert Endpoint allows users to convert amounts between different metals or currencies, providing flexibility in trading operations.

Fluctuation Endpoint

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-07",
"end_date": "2026-01-14",
"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 endpoint tracks fluctuations in metal prices over a specified period, providing insights into market volatility.

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

{
"success": true,
"timestamp": 1768349812,
"base": "USD",
"date": "2026-01-14",
"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 critical data for traders engaged in technical analysis, allowing them to assess market trends and make informed decisions.

Bid/Ask Endpoint

{
"success": true,
"timestamp": 1768349812,
"base": "USD",
"date": "2026-01-14",
"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, essential for traders looking to execute timely transactions.

Conclusion

In conclusion, understanding the historical prices of Guwahati Gold 24k (GUWA-24k) is essential for making informed trading decisions in the precious metals market. The Metals-API offers a robust suite of features that empower developers and traders to access real-time and historical data efficiently. By leveraging the capabilities of this API, users can gain valuable insights into market trends, fluctuations, and price movements, ultimately enhancing their trading strategies.

For those looking to dive deeper into the world of precious metals trading, the Metals-API Documentation provides comprehensive guidance on utilizing the API's features effectively. Additionally, the Metals-API Supported Symbols page offers a complete list of available metal symbols, ensuring users have access to the latest information.

As the market for precious metals continues to evolve, embracing technology and data analytics will be key to staying ahead of the curve. The Metals-API stands as a testament to the transformative potential of real-time metals data, providing the tools necessary for traders to navigate the complexities of the market with confidence.