Collect LBMA Gold Am (LBXAUAM) Historical Prices with this API

Introduction

In the ever-evolving landscape of financial technology, the demand for accurate and real-time data has never been more critical. For developers and traders in the precious metals market, accessing historical prices for gold, specifically LBMA Gold Am (LBXAUAM), is essential for informed decision-making. The Metals-API provides a robust solution for retrieving historical prices and other vital data related to precious metals, including gold. This blog post will delve into the capabilities of the Metals-API, focusing on how to effectively collect LBMA Gold Am historical prices and leverage the API's features for innovative applications.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been regarded as a safe-haven asset and a hedge against inflation. As digital transformation sweeps across various sectors, the precious metals market is no exception. The integration of data analytics and technology in trading has revolutionized how investors approach gold trading. With the rise of digital asset solutions, traders now have access to sophisticated tools that enable them to analyze market trends, make informed decisions, and optimize their trading strategies.

The Metals-API stands at the forefront of this transformation, offering developers the ability to harness real-time data for gold and other metals. By leveraging advanced data analytics, developers can gain insights into market movements, price fluctuations, and historical trends, ultimately enhancing their trading strategies.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time and historical data on precious metals. With its user-friendly interface and comprehensive documentation, the API empowers developers to build next-generation applications that require accurate and timely metals data. The API supports a wide range of functionalities, including retrieving the latest rates, historical prices, and even bid and ask prices for various metals.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated at intervals depending on the subscription plan. This capability is crucial for traders who need to stay ahead of market movements. Additionally, the API allows for historical data retrieval, enabling users to analyze trends over time and make data-driven decisions.

For more detailed information, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on how to utilize the API effectively.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs within the precious metals market. Below are some of the key features and their potential applications:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for precious metals, including gold. Depending on the subscription plan, users can receive updates every 60 minutes, every 10 minutes, or even more frequently. This feature is invaluable for traders who require up-to-the-minute information to make timely decisions.

{
    "success": true,
    "timestamp": 1751425342,
    "base": "USD",
    "date": "2025-07-02",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

The Historical Rates Endpoint allows users to access historical exchange rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical prices for gold and other metals, enabling them to conduct thorough analyses of price trends over time.

{
    "success": true,
    "timestamp": 1751338942,
    "base": "USD",
    "date": "2025-07-01",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for various metals. This information is crucial for traders looking to execute buy or sell orders at optimal prices. The bid price represents the highest price a buyer is willing to pay, while the ask price is the lowest price a seller is willing to accept.

{
    "success": true,
    "timestamp": 1751425342,
    "base": "USD",
    "date": "2025-07-02",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        },
        "XAG": {
            "bid": 0.0381,
            "ask": 0.0382,
            "spread": 0.0001
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1751425342,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is essential for conducting trend analyses and understanding how prices have fluctuated over specific periods.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-25",
    "end_date": "2025-07-02",
    "base": "USD",
    "rates": {
        "2025-06-25": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-06-27": {
            "XAU": 0.000483,
            "XAG": 0.0382
        },
        "2025-07-02": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is particularly useful for traders looking to understand market volatility and make informed decisions based on price changes.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-25",
    "end_date": "2025-07-02",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

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

The Open/High/Low/Close (OHLC) Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is essential for traders who rely on candlestick charts for technical analysis.

{
    "success": true,
    "timestamp": 1751425342,
    "base": "USD",
    "date": "2025-07-02",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint allows users to query the API to get the lowest and highest price for a specific date. This feature is useful for traders who want to identify price extremes within a given timeframe.

{
    "success": true,
    "timestamp": 1751425342,
    "base": "USD",
    "date": "2025-07-02",
    "rates": {
        "XAU": {
            "lowest": 0.000481,
            "highest": 0.000487
        }
    },
    "unit": "per troy ounce"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly valuable for traders dealing with metals traded on the London Metal Exchange.

{
    "success": true,
    "timestamp": 1751425342,
    "base": "USD",
    "date": "2025-07-02",
    "rates": {
        "XAU": {
            "price": 0.000482
        }
    },
    "unit": "per troy ounce"
}

API Key and Authentication

To access the Metals-API, users must obtain an API key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authenticating requests and ensuring secure access to the API's features.

API Response Structure

The API delivers exchange rates relative to USD by default. Each response includes a success status, a timestamp, the base currency, the date of the rates, and the rates themselves. Understanding the structure of the API response is crucial for developers to effectively parse and utilize the data.

Practical Use Cases and Integration Strategies

Integrating the Metals-API into trading applications can significantly enhance the user experience and provide valuable insights. Here are some practical use cases:

Real-Time Trading Applications

Developers can create real-time trading applications that utilize the Latest Rates Endpoint to provide users with up-to-the-minute pricing information. By integrating this data into trading platforms, users can make informed decisions based on the latest market conditions.

Historical Analysis Tools

Using the Historical Rates and Time-Series Endpoints, developers can build analytical tools that allow users to visualize historical price trends. These tools can help traders identify patterns and make predictions based on past performance.

Portfolio Management Solutions

By leveraging the Convert Endpoint, developers can create portfolio management solutions that enable users to assess the value of their holdings in different currencies. This feature can help users optimize their portfolios and make strategic investment decisions.

Market Research and Reporting

The News Endpoint allows developers to integrate the latest news articles related to various metals into their applications. This feature can provide users with valuable context and insights into market movements, enhancing their research capabilities.

Conclusion

The Metals-API is a powerful tool for developers looking to access real-time and historical data on precious metals, particularly gold. By utilizing its various endpoints, developers can create innovative applications that enhance trading strategies, provide valuable market insights, and facilitate informed decision-making. The API's capabilities, combined with the growing demand for accurate metals data, position it as an essential resource for anyone involved in the precious metals market.

For more information on the API's features and capabilities, developers can explore the Metals-API Documentation and the Metals-API Supported Symbols page for a comprehensive list of available metals. The Metals-API Website serves as a central hub for accessing all the resources needed to integrate this powerful API into your applications.