Explore Pune Gold 18k (PUNE-18k) Historical Prices via this API
Explore Pune Gold 18k (PUNE-18k) Historical Prices via this API
In the realm of precious metals, gold stands out as a timeless asset, revered for its intrinsic value and historical significance. For developers and traders alike, accessing accurate and real-time data on gold prices is crucial for making informed decisions. The Metals-API provides a robust solution for retrieving historical prices of gold, specifically the 18k variant, through its comprehensive API. This blog post delves into the intricacies of the Metals-API, focusing on how to effectively utilize it to explore the historical prices of Pune Gold 18k (PUNE-18k).
About Gold (XAU)
Gold, represented by the symbol XAU, has undergone a digital transformation in recent years. The integration of technology in trading has revolutionized how investors access market insights and analytics. With the rise of data analytics, traders can now leverage advanced tools to gain deeper insights into market trends, price fluctuations, and investment opportunities.
The innovation in price discovery mechanisms has also been significant. Traditional methods of price determination are being supplemented by real-time data feeds, allowing for more accurate and timely decision-making. Digital asset solutions are emerging, enabling investors to trade gold in various forms, including digital tokens that represent physical gold holdings.
Metals-API Overview
The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals, including gold. This API empowers users to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. With its user-friendly interface and comprehensive documentation, the Metals-API is an essential resource for anyone looking to integrate precious metals data into their applications.
For more information, visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on implementation.
Key Features of Metals-API
The Metals-API offers a range of endpoints that cater to various needs, from retrieving the latest rates to accessing historical data. Hereβs a closer look at some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data for gold and other metals, updated every 60 minutes or more frequently. This feature is essential for traders who need to stay informed about the latest market conditions.
- 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. Understanding the spread between these prices is crucial for traders looking to optimize their buying and selling strategies.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD. This is particularly useful for investors dealing in multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two specified dates. This feature is ideal for analyzing price trends over specific periods.
- Fluctuation Endpoint: Track how gold prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders make informed decisions.
- Carat Endpoint: Retrieve information about gold rates by carat. This is particularly relevant for jewelers and consumers interested in the purity of gold.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for gold over a specified period. This information can help traders identify potential entry and exit points.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for gold, which is essential for technical analysis and charting.
- 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 required to access the Metals-API. This key must be included in the API base URL's access_key parameter for authentication.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Available Endpoints: The Metals-API features 14 different endpoints, each designed to provide specific functionalities tailored to user needs.
- Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments and trends.
Understanding API Responses
When utilizing the Metals-API, understanding the structure of the API responses is crucial for effective data handling. Here are some examples of typical responses you might encounter:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1765015251,
"base": "USD",
"date": "2025-12-06",
"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 exchange rates for gold (XAU) and other metals, measured per troy ounce.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1764928851,
"base": "USD",
"date": "2025-12-05",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows historical rates for a specific date, allowing users to analyze past market conditions.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-11-29",
"end_date": "2025-12-06",
"base": "USD",
"rates": {
"2025-11-29": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-01": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-06": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time series of rates for gold over a specified period, enabling users to visualize trends and fluctuations.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765015251,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example illustrates how to convert a specified amount from USD to gold (XAU), providing the conversion rate and the result in troy ounces.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-29",
"end_date": "2025-12-06",
"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
}
},
"unit": "per troy ounce"
}
This response provides insights into how gold prices have fluctuated over a specified period, including percentage changes and absolute values.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1765015251,
"base": "USD",
"date": "2025-12-06",
"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
}
},
"unit": "per troy ounce"
}
This endpoint provides critical data for traders, showing the opening, highest, lowest, and closing prices for gold over a specific date.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1765015251,
"base": "USD",
"date": "2025-12-06",
"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"
}
This response provides the current bid and ask prices for gold, along with the spread, which is essential for traders looking to execute orders efficiently.
Practical Use Cases and Integration Strategies
Integrating the Metals-API into your applications can unlock numerous possibilities. Here are some practical use cases:
- Investment Analysis: Use historical data to analyze trends and make informed investment decisions. By leveraging the Historical Rates Endpoint, you can backtest trading strategies and evaluate their effectiveness over time.
- Market Monitoring: Implement real-time monitoring tools that utilize the Latest Rates Endpoint to provide users with up-to-the-minute information on gold prices. This can be particularly useful for traders who need to react quickly to market changes.
- Currency Conversion: Utilize the Convert Endpoint to create applications that allow users to convert between different metals and currencies, enhancing the user experience for those dealing in international markets.
- Data Visualization: Create dashboards that visualize price trends using the Time-Series Endpoint. This can help users identify patterns and make data-driven decisions.
- Risk Management: Use the Fluctuation Endpoint to assess market volatility and implement risk management strategies based on historical price movements.
Common Developer Questions
As developers explore the Metals-API, they may encounter several common questions:
- How do I authenticate my requests? Each request to the Metals-API requires an API key, which must be included in the access_key parameter of the URL.
- What are the rate limits for API calls? Rate limits vary based on your subscription plan. It's essential to review the documentation to understand your specific limits and avoid exceeding them.
- How can I handle errors in API responses? The API provides error codes and messages in the response. Implementing robust error handling in your application will ensure that you can gracefully manage any issues that arise.
- What should I do if I receive an empty response? An empty response may indicate that the requested data is unavailable for the specified parameters. Double-check your query parameters and ensure they are valid.
Conclusion
In conclusion, the Metals-API offers a powerful and flexible solution for accessing historical prices of Pune Gold 18k (PUNE-18k) and other precious metals. By leveraging its various endpoints, developers can create innovative applications that provide valuable insights into the gold market. Whether you are analyzing trends, monitoring real-time prices, or converting currencies, the Metals-API equips you with the tools necessary for success in the dynamic world of precious metals trading.
For further exploration, refer to the Metals-API Supported Symbols page to understand the full range of available metals and their specifications. Embrace the power of real-time data and transform your approach to trading with the Metals-API.