Get Accurate Ludhiana Gold 24k (LUDH-24k) Prices in Different Markets Using this API

Get Accurate Ludhiana Gold 24k (LUDH-24k) Prices in Different Markets Using this API
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for businesses and developers alike. The Metals-API provides a powerful solution for obtaining precise gold prices, specifically the Ludhiana Gold 24k (LUDH-24k), across various markets. This blog post will delve into how the Metals-API delivers accurate {Symbol} prices in different currencies, explore its innovative features, and discuss potential business applications.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. As the world undergoes digital transformation, the precious metals market is also evolving. The integration of technology in trading, data analytics, and market insights is reshaping how investors and businesses approach gold trading. With the rise of digital asset solutions, understanding the dynamics of gold pricing has never been more critical.
The Metals-API plays a pivotal role in this transformation by providing developers with the tools needed to access real-time gold price data. By leveraging data analytics, businesses can gain insights into market trends, enabling them to make informed decisions. The API's capabilities allow for innovation in price discovery, ensuring that users have the most accurate information at their fingertips.
API Description
The Metals-API is designed to empower developers to build next-generation applications that require real-time metals data. With its robust architecture, the API offers a variety of endpoints that cater to different needs. Whether you are looking for the latest rates, historical data, or conversion capabilities, the Metals-API has you covered.
For detailed information about the API's features, you can refer to the Metals-API Documentation. This resource provides comprehensive guidance on how to implement the API effectively, ensuring that developers can maximize its potential.
Key Features and Endpoints
The Metals-API offers a range of endpoints that provide various functionalities, making it a versatile tool for developers. Here are some of the key features:
- 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 you always have the most current gold prices available.
- Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve past gold prices, which is invaluable for trend analysis and forecasting.
- Bid and Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for gold. Understanding these prices is crucial for traders looking to make informed decisions based on market conditions.
- Convert Endpoint: The conversion endpoint enables you to convert any amount from one currency to another, facilitating transactions across different markets.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for in-depth analysis of price movements over time.
- Fluctuation Endpoint: Track how gold prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
- Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers looking for precise pricing.
- Lowest/Highest Price Endpoint: This endpoint allows you to query the API to get the lowest and highest price of gold over a specified period, aiding in investment decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for a specific time period, which is essential for technical analysis and trading strategies.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring you have access to the latest information.
- Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local traders.
- News Endpoint: Stay informed with the latest news articles related to various metals, helping you keep abreast of market developments.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints and their responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1758071165,
"base": "USD",
"date": "2025-09-17",
"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"
}
The response indicates that the API successfully retrieved the latest rates, with gold priced at 0.000482 per troy ounce.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1757984765,
"base": "USD",
"date": "2025-09-16",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This endpoint allows users to access historical rates, which can be crucial for analyzing market trends over time.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-09-10",
"end_date": "2025-09-17",
"base": "USD",
"rates": {
"2025-09-10": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-09-12": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-09-17": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint provides a detailed view of gold prices over a specified period, allowing for comprehensive analysis.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1758071165,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This endpoint is particularly useful for businesses that need to convert amounts between different currencies or metals.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-09-10",
"end_date": "2025-09-17",
"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"
}
Tracking fluctuations in gold prices can help traders make informed decisions based on market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1758071165,
"base": "USD",
"date": "2025-09-17",
"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"
}
The OHLC endpoint provides critical data for traders looking to analyze price movements and make strategic decisions.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1758071165,
"base": "USD",
"date": "2025-09-17",
"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"
}
This endpoint is essential for traders who need to understand the current market conditions and make timely decisions.
Potential Business Applications
The capabilities of the Metals-API open up a myriad of business applications. Here are some potential use cases:
- Investment Platforms: Financial institutions can integrate the Metals-API into their platforms to provide users with real-time gold prices, enabling informed investment decisions.
- E-commerce Solutions: Online jewelry retailers can utilize the API to display accurate gold prices, ensuring customers receive up-to-date information when making purchases.
- Market Analysis Tools: Developers can create analytical tools that leverage historical data from the API to provide insights into market trends and price predictions.
- Trading Bots: Automated trading systems can use the API to execute trades based on real-time price fluctuations, optimizing trading strategies.
- Financial Reporting: Businesses can generate reports based on historical gold prices, aiding in financial analysis and decision-making.
Conclusion
The Metals-API is a powerful tool for developers and businesses looking to access accurate Ludhiana Gold 24k (LUDH-24k) prices across different markets. By leveraging its innovative features, such as real-time rates, historical data, and conversion capabilities, users can gain valuable insights into the precious metals market. The API not only facilitates digital transformation in trading but also empowers businesses to make informed decisions based on accurate data.
For more information on how to implement the Metals-API in your projects, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. Start harnessing the power of real-time metals data today!