Collect Nagpur Gold 18k (NAGP-18k) Historical Prices using this API
Collect Nagpur Gold 18k (NAGP-18k) Historical Prices using this API
In the ever-evolving landscape of precious metals trading, the ability to access historical prices for gold, specifically Nagpur Gold 18k (NAGP-18k), is crucial for investors, traders, and developers alike. With the rise of digital transformation in the precious metals market, utilizing APIs such as the Metals-API can provide invaluable insights into market trends and price fluctuations. This blog post will explore how to effectively collect historical prices for Nagpur Gold 18k using the Metals-API, while also delving into the broader implications of technology integration in trading and data analytics.
About Gold (XAU)
Gold, represented by the symbol XAU, has been a cornerstone of wealth and investment for centuries. Its allure is not only due to its intrinsic value but also its role as a hedge against inflation and economic uncertainty. As the market for gold evolves, digital transformation plays a pivotal role in how traders and investors access and analyze gold prices. The integration of technology in trading has led to innovative solutions for price discovery and market insights.
Data analytics has become an essential tool for understanding market dynamics. By leveraging real-time data, traders can make informed decisions based on current trends and historical performance. The Metals-API offers a suite of features that empower developers to build applications that harness this data effectively. From real-time pricing to historical data analysis, the API provides a comprehensive solution for anyone looking to navigate the complexities of the gold market.
API Description
The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including gold. It enables developers to create applications that can track price movements, analyze trends, and make informed trading decisions. The API's capabilities are vast, allowing for seamless integration into existing systems and applications. With a focus on innovation and technological advancement, the Metals-API is transforming how data is accessed and utilized in the precious metals market.
For developers looking to get started, the Metals-API Documentation provides comprehensive guidance on how to implement the API effectively. The documentation covers everything from authentication to endpoint usage, ensuring that developers have the resources they need to succeed.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs within the precious metals market. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for gold and other metals, updated every 60 minutes, every 10 minutes, or even more frequently depending on your subscription plan. This feature is essential for traders who need to stay updated on market movements.
- Historical Rates Endpoint: Access historical rates for gold dating back to 2019. By appending a specific date to your query, you can retrieve past prices, which is invaluable for trend analysis and forecasting.
- Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for gold, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: Easily convert amounts from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is ideal for analyzing price trends over specific periods.
- Fluctuation Endpoint: Track how gold prices fluctuate on a day-to-day basis, allowing for a deeper understanding of market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and those dealing in gold jewelry.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for gold over a specified period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Get the open, high, low, and close prices for gold, which are critical for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a broader context for market analysis.
- API Key: Your unique API key is essential for accessing the API and must be included in your requests.
- API Response: The API delivers exchange rates relative to USD, ensuring consistency in data interpretation.
- Available Endpoints: The Metals-API includes 14 different endpoints, each designed to provide specific functionalities.
- Supported Symbols Endpoint: This endpoint returns all available currencies and metals, allowing you to stay updated on what is supported.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
For a complete list of all supported symbols, including Nagpur Gold 18k, visit the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective data retrieval. Below are examples of how to use various endpoints and what responses to expect:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1766282431,
"base": "USD",
"date": "2025-12-21",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates a successful query, providing the latest rates for gold (XAU) and other metals. The rates are expressed per troy ounce, which is the standard measurement for precious metals.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1766196031,
"base": "USD",
"date": "2025-12-20",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows how to retrieve historical rates for a specific date. The data can be used for analysis of price trends over time.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-14",
"end_date": "2025-12-21",
"base": "USD",
"rates": {
"2025-12-14": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-16": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-21": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series response provides daily rates for the specified period, allowing for detailed trend analysis.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1766282431,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response shows how to convert an amount from USD to gold (XAU). The result indicates how many troy ounces of gold can be purchased with the specified amount.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-14",
"end_date": "2025-12-21",
"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 prices over a specified period, providing insights into market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1766282431,
"base": "USD",
"date": "2025-12-21",
"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 response provides critical data for technical analysis, allowing traders to assess market performance over a specific period.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1766282431,
"base": "USD",
"date": "2025-12-21",
"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, which are essential for understanding market liquidity and making informed trading decisions.
Conclusion
In conclusion, the Metals-API offers a robust solution for accessing historical prices for Nagpur Gold 18k (NAGP-18k) and other precious metals. By leveraging the various endpoints available, developers can build applications that provide real-time insights and historical analysis, empowering traders and investors to make informed decisions. The integration of technology in trading is not just a trend; it is a necessity for those looking to thrive in the competitive precious metals market.
As you explore the capabilities of the Metals-API, remember to refer to the Metals-API Documentation for detailed guidance on implementation. Additionally, the Metals-API Supported Symbols page will help you stay updated on the available metals and currencies.
With the right tools and data at your disposal, you can navigate the complexities of the gold market with confidence and precision.