Fetch Accurate Gurgaon Gold 22k (GURG-22k) Historical Prices Using Metals-API

Metals-API provides a robust solution. This blog post will delve into how you can effectively use the Metals-API to fetch historical prices, explore the intricacies of gold trading, and understand the technological advancements that are shaping the future of precious metals trading.

About Gold (XAU)

Understanding Metals-API

Metals-API is a powerful JSON API that offers real-time and historical data for various metals, including gold, silver, platinum, and palladium. It empowers developers to create applications that can fetch accurate metal prices, perform currency conversions, and analyze market trends. The API's capabilities extend beyond mere data retrieval; it allows for comprehensive analysis and integration into trading platforms, financial applications, and investment tools.

Key Features of Metals-API

Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This ensures that traders have access to the most current market information.
Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a date to the API request, you can retrieve the historical price of gold, which is essential for trend analysis.
Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD, facilitating seamless transactions.
Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, making it easier to analyze price movements over specific periods.
Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers looking to understand the value of gold jewelry.
Lowest/Highest Price Endpoint: This endpoint enables users to 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: Users can retrieve open, high, low, and close prices for gold, which are critical for technical analysis.
Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
API Key: Each user is assigned a unique API key that must be included in API requests to authenticate and authorize access.
API Response: The API returns exchange rates relative to USD by default, ensuring consistency in data interpretation.
Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local traders.
News Endpoint: This feature allows users to retrieve the latest news articles related to various metals, keeping traders informed about market developments.

API Endpoint Examples and Responses

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1742169887,
    "base": "USD",
    "date": "2025-03-17",
    "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"
}

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1742083487,
    "base": "USD",
    "date": "2025-03-16",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-10",
    "end_date": "2025-03-17",
    "base": "USD",
    "rates": {
        "2025-03-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-03-17": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1742169887,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-10",
    "end_date": "2025-03-17",
    "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"
}

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

{
    "success": true,
    "timestamp": 1742169887,
    "base": "USD",
    "date": "2025-03-17",
    "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"
}

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1742169887,
    "base": "USD",
    "date": "2025-03-17",
    "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"
}

Conclusion

Metals-API Documentation, check the Metals-API Supported Symbols, and visit the Metals-API Website to get started on your journey towards mastering gold price analytics.

Ready to use Metals-API?

Try it now!

Fetch Accurate Gurgaon Gold 22k (GURG-22k) Historical Prices Using Metals-API