Access live updates for Patna Gold 24k (PATN-24k) prices using this API
Access Live Updates for Patna Gold 24k (PATN-24k) Prices Using This API
In the ever-evolving landscape of precious metals trading, having access to real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools needed to access live updates for various metals, including the popular Gold (XAU). This blog post will delve into the capabilities of the Metals-API, focusing on how it can be utilized to track the prices of Patna Gold 24k (PATN-24k) and other metals, while exploring the digital transformation in precious metals trading.
Metals-API Information
The Metals-API is a powerful tool that allows developers to integrate real-time and historical data for precious metals into their applications. By leveraging this API, developers can create innovative solutions that enhance trading strategies, provide market insights, and facilitate seamless transactions. The API supports a variety of endpoints that cater to different needs, from fetching the latest rates to historical data analysis.
About Gold (XAU)
Gold has long been regarded as a safe-haven asset and a hedge against inflation. In recent years, the digital transformation in precious metals has led to the integration of advanced technologies such as data analytics and machine learning to provide deeper market insights. The Metals-API plays a pivotal role in this transformation by offering real-time data that empowers traders and investors to make informed decisions.
With the rise of digital asset solutions, the trading of gold has become more accessible. The ability to track price movements and fluctuations in real-time allows traders to capitalize on market opportunities. The Metals-API provides a comprehensive suite of features that enable developers to build applications that can analyze market trends, perform price discovery, and execute trades efficiently.
API Description
The Metals-API is designed to provide developers with a robust framework for accessing metals data. It offers a variety of endpoints that cater to different functionalities, including:
- Latest Rates Endpoint: This endpoint returns real-time exchange rate data for metals, updated based on your subscription plan. Developers can access the latest rates for gold, silver, platinum, and more.
- Historical Rates Endpoint: Access historical rates dating back to 2019, allowing for comprehensive analysis of price trends over time.
- Bid and Ask Endpoint: Retrieve real-time bid and ask prices, which are essential for traders looking to execute buy and sell orders effectively.
- Convert Endpoint: Easily convert amounts between different metals or to/from USD, facilitating seamless transactions.
- Time-Series Endpoint: Query daily historical rates between two dates, providing insights into price movements over specific periods.
- Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, helping traders understand market volatility.
- Carat Endpoint: Get gold rates by carat, which is particularly useful for jewelers and consumers interested in specific gold quality.
- Lowest/Highest Price Endpoint: Query the API for the lowest and highest prices over a specified period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Access open, high, low, and close prices for a specific time period, essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
- API Key: Each user receives a unique API key that must be included in requests to authenticate access.
- API Response: The API returns exchange rates relative to USD by default, ensuring consistency across data retrieval.
- Available Endpoints: The Metals-API offers 14 endpoints, each designed to provide specific functionalities for developers.
- Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.
For more information on the capabilities of the Metals-API, visit the Metals-API Website or check out the Metals-API Documentation.
Key Features and Endpoints
The Metals-API provides a range of features that can be utilized in various applications. Here are some of the key endpoints and their functionalities:
Latest Rates Endpoint
The Latest Rates Endpoint allows developers to fetch real-time exchange rates for all available metals. Depending on the subscription plan, this endpoint can return data updated every 60 minutes or every 10 minutes. For example, a typical response might look like this:
{
"success": true,
"timestamp": 1771719085,
"base": "USD",
"date": "2026-02-22",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response provides the latest rates for gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD), all relative to USD.
Historical Rates Endpoint
Accessing historical rates is crucial for analyzing market trends. The Historical Rates Endpoint allows users to retrieve data for any date since 1999. A sample response might look like this:
{
"success": true,
"timestamp": 1771632685,
"base": "USD",
"date": "2026-02-21",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
This data can be invaluable for traders looking to understand historical price movements and make predictions based on past performance.
Time-Series Endpoint
The Time-Series Endpoint allows developers to query the API for daily historical rates between two dates. This is particularly useful for analyzing trends over specific periods. A typical response might look like this:
{
"success": true,
"timeseries": true,
"start_date": "2026-02-15",
"end_date": "2026-02-22",
"base": "USD",
"rates": {
"2026-02-15": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-02-17": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-02-22": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
This endpoint provides a clear view of how prices have changed over time, allowing for effective analysis and strategy development.
Convert Endpoint
The Convert Endpoint is a valuable feature that allows users to convert any amount from one metal to another or to/from USD. For instance, if a user wants to convert 1000 USD to gold, the response might look like this:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1771719085,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This functionality simplifies transactions and enhances user experience by providing immediate conversion results.
Fluctuation Endpoint
The Fluctuation Endpoint enables users to track rate fluctuations between two dates. This is essential for understanding market volatility. A sample response might be:
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-15",
"end_date": "2026-02-22",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
This endpoint provides insights into how prices have changed over a specified period, allowing traders to make informed decisions based on market behavior.
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides essential data for technical analysis by returning the open, high, low, and close prices for a specific time period. A typical response might look like this:
{
"success": true,
"timestamp": 1771719085,
"base": "USD",
"date": "2026-02-22",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
This data is crucial for traders who rely on technical indicators to guide their trading strategies.
Bid/Ask Endpoint
The Bid/Ask Endpoint allows users to get current bid and ask prices for metals, which is vital for executing trades. A sample response might look like this:
{
"success": true,
"timestamp": 1771719085,
"base": "USD",
"date": "2026-02-22",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Understanding the bid and ask prices helps traders make informed decisions about when to enter or exit the market.
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.
Conclusion
The Metals-API is a transformative tool for developers looking to access real-time and historical data for precious metals, including Patna Gold 24k (PATN-24k). By leveraging its various endpoints, developers can create applications that provide valuable market insights, facilitate trading, and enhance user experiences. The API's capabilities, such as real-time rates, historical data, and conversion features, empower developers to build next-generation applications that meet the demands of the modern trading landscape.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation and usage.