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Access Bangalore Gold 24k (BANG-24k) prices in real-time using this API

Access Bangalore Gold 24k (BANG-24k) prices in real-time using this API

Access Bangalore Gold 24k (BANG-24k) prices in real-time using this API

Access Bangalore Gold 24k (BANG-24k) Prices in Real-Time Using the Metals-API

In today's fast-paced financial landscape, the ability to access real-time data is crucial for traders and investors, especially in the precious metals market. The Metals-API provides a powerful solution for developers looking to integrate real-time gold prices, including Bangalore Gold 24k (BANG-24k), into their applications. This blog post will delve into the capabilities of the Metals-API, focusing on how it empowers users to access and analyze gold prices effectively.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As a precious metal, it plays a pivotal role in global finance, serving as a hedge against inflation and currency fluctuations. The digital transformation of the precious metals market has opened new avenues for data analytics and market insights, enabling traders to make informed decisions based on real-time information.

With the integration of technology in trading, the Metals-API stands out as an innovative tool that facilitates price discovery and enhances trading strategies. By leveraging data analytics, developers can create applications that provide insights into market trends, helping users navigate the complexities of gold trading. The API's capabilities extend beyond mere price retrieval; it offers a comprehensive suite of features that can transform how traders interact with the gold market.

API Description

The Metals-API is designed to deliver real-time and historical data for various metals, including gold, silver, platinum, and palladium. This API empowers developers to build next-generation applications that require accurate and timely metals data. With its robust architecture, the Metals-API ensures that users can access the information they need to make informed trading decisions.

For more detailed information, you can refer to the Metals-API Documentation, which provides comprehensive guidance on how to utilize the API effectively. The documentation covers everything from authentication to endpoint usage, ensuring that developers have all the resources they need to implement the API seamlessly.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs in 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 essential for traders who need the most current pricing information to make timely decisions.
  • Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, users can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
  • Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders operating in multiple currencies.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, allowing for detailed analysis of price movements over time.
  • Fluctuation Endpoint: This endpoint provides information on how metal prices fluctuate on a day-to-day basis, helping traders understand market volatility.
  • Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and consumers looking to buy or sell gold jewelry.
  • Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, which is crucial for identifying market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, allowing traders to analyze market performance comprehensively.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a wealth of data for analysis.
  • API Key: Each user is assigned a unique API key, which is required for authentication when making requests to the API.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The API offers a wide range of endpoints, each designed to fulfill specific functionalities, making it a versatile tool for developers.
  • Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols supported by the API.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local traders and investors.
  • News Endpoint: Stay informed with the latest news articles related to various metals, helping traders keep abreast of 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

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

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1747450866,
    "base": "USD",
    "date": "2025-05-17",
    "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 the success of the request and provides the latest rates for various metals, with gold (XAU) priced at 0.000482 per troy ounce.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1747364466,
    "base": "USD",
    "date": "2025-05-16",
    "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 performance.

Time-Series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-10",
    "end_date": "2025-05-17",
    "base": "USD",
    "rates": {
        "2025-05-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-17": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time series of rates, enabling users to observe trends over the specified period.

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1747450866,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response shows the conversion of 1000 USD to gold (XAU), resulting in 0.482 troy ounces.

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-10",
    "end_date": "2025-05-17",
    "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 prices have fluctuated over the specified period, which is critical for traders assessing market volatility.

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

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1747450866,
    "base": "USD",
    "date": "2025-05-17",
    "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 response provides a comprehensive view of the market's performance over the specified period, essential for traders looking to analyze price movements.

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1747450866,
    "base": "USD",
    "date": "2025-05-17",
    "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, which are crucial for traders looking to execute orders at the best available prices.

Conclusion

The Metals-API is a transformative tool for developers and traders in the precious metals market. By providing real-time and historical data, it empowers users to make informed decisions based on accurate pricing information. The API's extensive features, including the latest rates, historical data, and conversion capabilities, make it an invaluable resource for anyone involved in trading metals.

As the market continues to evolve, the integration of technology and data analytics will play a crucial role in shaping the future of precious metals trading. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance trading strategies and provide valuable insights into market dynamics.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the documentation to unlock the full potential of this powerful API.

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