Fetch Coimbatore Gold (XAU-COIM) prices with this API
Fetch Coimbatore Gold (XAU-COIM) Prices with this API
In today's digital economy, the demand for real-time data on precious metals like gold has surged, especially in markets such as Coimbatore. The XAU symbol represents gold in the trading world, and accessing its prices through an efficient API can empower developers and traders alike. This blog post will delve into the capabilities of the Metals-API, exploring how it provides real-time data, historical insights, and innovative features that can transform the way we trade and analyze precious metals.
About Gold (XAU)
Gold has always held a significant place in the financial markets, serving as a safe haven during economic uncertainty. As we witness a digital transformation in precious metals trading, the integration of technology and data analytics is reshaping how traders and investors interact with gold. The XAU symbol is not just a representation of gold; it embodies the potential for innovation in price discovery and trading strategies.
With the advent of real-time data solutions, traders can now leverage advanced analytics to gain market insights that were previously unattainable. The Metals-API offers a robust platform for developers to build applications that can analyze gold prices, track fluctuations, and provide users with actionable insights. This API is a game-changer, enabling the creation of digital asset solutions that cater to the evolving needs of the market.
API Description
The Metals-API is designed to provide developers with comprehensive access to real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API stands out due to its innovative capabilities, allowing users to build next-generation applications that can harness the power of real-time metals data.
One of the key features of the Metals-API is its ability to deliver data in a structured JSON format, making it easy for developers to integrate into their applications. The API supports a wide range of endpoints, each tailored to meet specific data needs, from the latest rates to historical trends. This flexibility empowers developers to create applications that can analyze market movements, optimize trading strategies, and provide users with timely information.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different data requirements. Here are some of the most notable features:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for gold and other metals. Depending on your subscription plan, this endpoint can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to make quick decisions based on the latest market conditions.
{
"success": true,
"timestamp": 1761620444,
"base": "USD",
"date": "2025-10-28",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
For those interested in analyzing trends over time, the Historical Rates endpoint allows users to access exchange rates dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data that can be used for market analysis and forecasting.
{
"success": true,
"timestamp": 1761534044,
"base": "USD",
"date": "2025-10-27",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}Bid And Ask Endpoint
The Bid and Ask endpoint is a powerful feature that provides real-time bid and ask prices for gold and other metals. This information is crucial for traders looking to execute orders at the best possible prices.
{
"success": true,
"timestamp": 1761620444,
"base": "USD",
"date": "2025-10-28",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"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": 1761620444,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series endpoint enables users to query the API for daily historical rates between two dates of their choice. This functionality is invaluable for conducting in-depth analyses of price movements over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-10-21",
"end_date": "2025-10-28",
"base": "USD",
"rates": {
"2025-10-21": {
"XAU": 0.000485
},
"2025-10-28": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation endpoint provides insights into how currencies fluctuate on a day-to-day basis. This feature is essential for traders looking to understand market volatility and make informed decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-21",
"end_date": "2025-10-28",
"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 OHLC Price endpoint allows users to retrieve open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and helps traders identify trends and potential entry and exit points.
{
"success": true,
"timestamp": 1761620444,
"base": "USD",
"date": "2025-10-28",
"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 beneficial for traders looking to assess market extremes.
{
"success": true,
"timestamp": 1761620444,
"base": "USD",
"date": "2025-10-28",
"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 useful for those interested in analyzing trends in the London Metal Exchange.
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page. This resource is invaluable for developers looking to integrate specific metal data into their applications.
Conclusion
In conclusion, the Metals-API offers a powerful suite of tools for developers interested in accessing real-time and historical data on precious metals like gold. With features such as the Latest Rates, Historical Rates, and various conversion endpoints, this API empowers users to build innovative applications that can analyze market trends and optimize trading strategies. By leveraging the capabilities of the Metals-API, developers can create solutions that not only enhance trading efficiency but also provide valuable insights into the precious metals market.
For more information on how to get started, visit the Metals-API Documentation. This resource provides detailed guidance on implementing the API and understanding its various endpoints. Whether you are a seasoned trader or a developer looking to create cutting-edge applications, the Metals-API is your gateway to the world of precious metals.