Fetch Coimbatore Gold 22k (COIM-22k) Historical Prices using this API

Introduction

In today's digital landscape, the demand for real-time data has transformed the way we interact with precious metals, particularly gold. Fetching historical prices for Coimbatore Gold 22k (COIM-22k) has become a crucial aspect for traders, investors, and developers alike. With the advent of APIs like Metals-API, accessing historical price data has never been easier. This blog post will delve into the capabilities of Metals-API, focusing on how to retrieve historical prices, and explore the broader implications of digital transformation in the precious metals market.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. In recent years, the digital transformation in precious metals has led to innovative solutions that enhance trading efficiency and market insights. The integration of data analytics and technology in trading has revolutionized how investors approach gold trading. With the rise of digital asset solutions, traders can now leverage real-time data to make informed decisions.

One of the most significant advancements in this space is the ability to access historical gold prices through APIs. This capability allows developers to build applications that provide insights into market trends, enabling users to analyze price movements over time. The innovation in price discovery facilitated by APIs like Metals-API empowers traders to stay ahead of the curve, making it easier to react to market fluctuations.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data for various metals, including gold. It offers a range of endpoints that allow developers to access the information they need to build next-generation applications. The API's capabilities include retrieving the latest rates, historical prices, and even bid and ask prices, all of which are essential for making informed trading decisions.

With a focus on innovation and technological advancement, Metals-API empowers developers to create applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. The transformative potential of real-time metals data cannot be overstated, as it enables users to make data-driven decisions in a fast-paced market.

Key Features and Endpoints

Metals-API provides a variety of endpoints, each designed to serve specific needs in the realm of precious metals trading. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes, every 10 minutes, or even more frequently. This endpoint is crucial for traders who need to stay informed about the latest market conditions.

{
    "success": true,
    "timestamp": 1749265543,
    "base": "USD",
    "date": "2025-06-07",
    "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

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 past prices, which is essential for analyzing market trends and making informed trading decisions.

{
    "success": true,
    "timestamp": 1749179143,
    "base": "USD",
    "date": "2025-06-06",
    "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 metals. This information is crucial for traders looking to execute orders at the best possible prices.

{
    "success": true,
    "timestamp": 1749265543,
    "base": "USD",
    "date": "2025-06-07",
    "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"
}

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": 1749265543,
        "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 invaluable for conducting in-depth analyses of price movements over specific periods.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-31",
    "end_date": "2025-06-07",
    "base": "USD",
    "rates": {
        "2025-05-31": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-02": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-07": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

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

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-31",
    "end_date": "2025-06-07",
    "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"
}

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

The OHLC Price endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is critical for traders looking to analyze price trends and make informed decisions based on historical performance.

{
    "success": true,
    "timestamp": 1749265543,
    "base": "USD",
    "date": "2025-06-07",
    "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"
}

Historical LME Endpoint

The Historical LME endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for traders interested in the London Metal Exchange prices.

API Key and Response

Your API Key is a unique identifier that must be included in your API requests. This key is passed into the API base URL's access_key parameter to authenticate your requests. The API responses are delivered in JSON format, with exchange rates typically relative to USD. All data is returned in a structured format, making it easy to parse and integrate into applications.

Available Endpoints

The Metals-API offers a comprehensive range of endpoints, each designed to provide different functionalities. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

Gold Price India Endpoint

For those specifically interested in the Indian market, the Gold Price India endpoint allows users to retrieve the latest gold prices in India. This feature is particularly beneficial for traders operating in the Indian market, providing them with localized data to make informed decisions.

News Endpoint

The News endpoint allows users to retrieve the latest news articles related to various metals. Staying updated with market news is crucial for traders, and this endpoint provides a valuable resource for keeping abreast of industry developments.

Conclusion

In conclusion, the ability to fetch historical prices for Coimbatore Gold 22k (COIM-22k) using the Metals-API opens up a world of possibilities for traders and developers alike. The API's extensive features, including real-time rates, historical data, and various endpoints, empower users to make informed decisions based on accurate and timely information. As the digital transformation in precious metals continues to evolve, leveraging tools like Metals-API will be essential for staying competitive in the market.

For more detailed information on how to implement these features, refer to the Metals-API Documentation. By understanding the capabilities of this API, developers can create innovative applications that enhance trading experiences and provide valuable insights into the precious metals market.