Understanding Kochi Gold 22k (KOCH-22k) Historical Prices with Metals-API

Understanding Kochi Gold 22k (KOCH-22k) Historical Prices with Metals-API
In the world of precious metals trading, understanding the historical prices of gold, particularly Kochi Gold 22k (KOCH-22k), is crucial for investors and traders 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 capabilities of the Metals-API, focusing on how to retrieve historical prices and other valuable insights that can aid in making informed trading decisions.
Metals-API Information
The Metals-API is a powerful tool designed for developers and traders who require accurate and timely data on precious metals. With its extensive range of features, the API allows users to access real-time exchange rates, historical data, and various analytical tools that can enhance trading strategies. The API is particularly beneficial for those looking to integrate metals data into their applications, providing a seamless experience for users.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been regarded as a safe-haven asset and a store of value. In recent years, the digital transformation in precious metals trading has revolutionized how investors access and analyze gold prices. The integration of data analytics and market insights has enabled traders to make more informed decisions based on historical trends and real-time data.
With the rise of technology in trading, the Metals-API stands out by offering innovative solutions for price discovery and digital asset management. Developers can leverage the API to create applications that provide users with up-to-date information on gold prices, historical trends, and market fluctuations. This technological advancement empowers traders to react swiftly to market changes, optimizing their trading strategies.
API Description
The Metals-API is designed to provide developers with the tools necessary to build next-generation applications that require real-time metals data. The API offers a variety of endpoints that cater to different needs, including retrieving the latest rates, historical prices, and conversion functionalities. By utilizing the Metals-API, developers can create applications that not only display current market data but also analyze historical trends to forecast future movements.
For more detailed information on how to utilize the API, you can refer to the Metals-API Documentation. This resource provides comprehensive guidance on the various endpoints available, including their functionalities and usage examples.
Key Features and Endpoints
The Metals-API boasts several key features that enhance its usability for developers and traders. Here are some of the most notable endpoints:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for various metals, updated based on your subscription plan. Depending on your plan, you can receive updates every 60 minutes, every 10 minutes, or even more frequently.
- Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, you can retrieve historical prices for gold and other metals.
- Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD, facilitating easier trading and investment decisions.
- Time-Series Endpoint: This endpoint allows you to query the API for daily historical rates between two dates of your choice, making it easier to analyze trends over specific periods.
- Fluctuation Endpoint: Users can track how currencies fluctuate on a day-to-day basis, providing insights into market volatility and price movements.
- Carat Endpoint: This feature allows you to retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers interested in specific gold purity levels.
- Lowest/Highest Price Endpoint: This endpoint enables you to query the API for the lowest and highest prices of metals over a specified period, assisting in identifying market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for metals, which are essential for technical analysis and trading strategies.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, offering a comprehensive view of market trends.
- API Key: Your API Key is essential for accessing the API, ensuring secure and authenticated requests.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API offers a wide range of endpoints, each providing different functionalities to cater to various user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the symbols they can query.
- Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local investors.
- News Endpoint: The API allows you to retrieve the latest news articles related to various metals, keeping you informed about market developments.
For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
To illustrate the capabilities of the Metals-API, here are examples of how to use various endpoints and the expected JSON responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1744254123,
"base": "USD",
"date": "2025-04-10",
"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 includes a success flag, timestamp, base currency, date of the rates, and the rates for various metals, including gold (XAU).
Historical Rates Endpoint
{
"success": true,
"timestamp": 1744167723,
"base": "USD",
"date": "2025-04-09",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This endpoint allows users to access historical rates for a specific date, providing valuable insights into past market performance.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-04-03",
"end_date": "2025-04-10",
"base": "USD",
"rates": {
"2025-04-03": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-05": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-10": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint provides daily historical rates between two specified dates, allowing for trend analysis over time.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1744254123,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This endpoint is particularly useful for traders looking to convert amounts between different metals or from USD to gold.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-03",
"end_date": "2025-04-10",
"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"
}
The fluctuation endpoint provides insights into how prices have changed over a specified period, which is essential for understanding market dynamics.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1744254123,
"base": "USD",
"date": "2025-04-10",
"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 is vital for traders who rely on technical analysis, providing essential data for making informed trading decisions.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1744254123,
"base": "USD",
"date": "2025-04-10",
"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"
}
The bid/ask endpoint provides crucial information for traders, allowing them to gauge market conditions and make timely decisions.
Conclusion
Understanding the historical prices of Kochi Gold 22k (KOCH-22k) is essential for anyone involved in precious metals trading. The Metals-API offers a comprehensive suite of tools and endpoints that empower developers and traders to access real-time and historical data, analyze trends, and make informed decisions. By leveraging the capabilities of the Metals-API, users can enhance their trading strategies and stay ahead in the competitive world of precious metals.
For further exploration of the API's features and to start integrating these powerful tools into your applications, visit the Metals-API Website and check out the Metals-API Documentation for detailed guidance. Don't forget to explore the Metals-API Supported Symbols page to familiarize yourself with the various metals available for trading.