Get Accurate ProShares Ultra Gold (UGL) Exchange Rates in Multiple Currencies with this API

In today's fast-paced financial landscape, having access to accurate and real-time exchange rates for precious metals is crucial for traders, investors, and businesses alike. The Metals-API provides a powerful solution for obtaining precise gold (XAU) prices in various currencies, enabling users to make informed decisions based on the latest market data. This blog post will explore how Metals-API delivers accurate gold prices, its innovative features, and potential business applications.

About Gold (XAU)

Gold has long been considered a safe haven asset, especially during times of economic uncertainty. As digital transformation continues to reshape the financial sector, the integration of technology in trading precious metals has become more vital than ever. The use of data analytics and market insights allows traders to identify trends and make strategic decisions. With the rise of digital asset solutions, the demand for real-time gold pricing has surged, making APIs like Metals-API essential for modern trading strategies.

Innovative Features of Metals-API

The Metals-API is designed to empower developers and businesses by providing a suite of features that facilitate seamless integration of real-time metals data into applications. Here are some of the key capabilities:

Latest Rates Endpoint

The Latest Rates Endpoint offers real-time exchange rate data for gold and other metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This feature is crucial for traders who need to stay ahead of market fluctuations.

{
        "success": true,
        "timestamp": 1756173723,
        "base": "USD",
        "date": "2025-08-26",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Access to historical rates dating back to 2019 allows businesses to analyze trends over time. By appending a specific date to the API call, users can retrieve past exchange rates, which is invaluable for market analysis and forecasting.

{
        "success": true,
        "timestamp": 1756087323,
        "base": "USD",
        "date": "2025-08-25",
        "rates": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "unit": "per troy ounce"
    }

Bid and Ask Endpoint

The Bid and Ask Endpoint provides real-time bid and ask prices for gold and other metals. This feature is essential for traders looking to execute orders at the best possible prices.

{
        "success": true,
        "timestamp": 1756173723,
        "base": "USD",
        "date": "2025-08-26",
        "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 currency to another, making it easy to calculate the value of gold in different currencies. This feature is particularly useful for international traders and businesses.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAU",
            "amount": 1000
        },
        "info": {
            "timestamp": 1756173723,
            "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 specified dates. This feature is beneficial for analyzing price trends and making data-driven decisions.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-08-19",
        "end_date": "2025-08-26",
        "base": "USD",
        "rates": {
            "2025-08-19": {
                "XAU": 0.000485
            },
            "2025-08-26": {
                "XAU": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

Using the Fluctuation Endpoint, users can track how gold prices fluctuate between two dates. This information is crucial for understanding market volatility and making informed trading decisions.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-08-19",
        "end_date": "2025-08-26",
        "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 provides users with the open, high, low, and close prices for a specific time period. This data is essential for traders who rely on technical analysis to make decisions.

{
        "success": true,
        "timestamp": 1756173723,
        "base": "USD",
        "date": "2025-08-26",
        "rates": {
            "XAU": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Carat Endpoint

The Carat Endpoint allows users to retrieve gold rates by carat, which is particularly useful for jewelers and businesses dealing in gold jewelry.

{
        "success": true,
        "timestamp": 1756173723,
        "base": "USD",
        "date": "2025-08-26",
        "rates": {
            "XAU": {
                "carat_24": 0.000482,
                "carat_22": 0.000442,
                "carat_18": 0.000367
            }
        },
        "unit": "per troy ounce"
    }

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint allows users to query the API for the lowest and highest prices of gold over a specified period. This feature is valuable for identifying price extremes and making strategic trading decisions.

{
        "success": true,
        "timestamp": 1756173723,
        "base": "USD",
        "date": "2025-08-26",
        "rates": {
            "XAU": {
                "lowest": 0.000481,
                "highest": 0.000487
            }
        },
        "unit": "per troy ounce"
    }

Practical Applications of Metals-API

The capabilities of Metals-API extend beyond simple data retrieval. Here are some practical applications:

Trading Platforms: Integrate real-time gold prices into trading platforms to provide users with the latest market data.
Financial Analysis Tools: Use historical rates and time-series data to build analytical tools that help investors make informed decisions.
Currency Conversion Services: Implement the Convert Endpoint to offer currency conversion services for businesses dealing in multiple currencies.
Market Research: Leverage the fluctuation and historical rates endpoints to conduct market research and analyze trends over time.

Conclusion

The Metals-API offers a comprehensive suite of features that empower developers and businesses to access accurate gold prices in multiple currencies. With endpoints designed for real-time data retrieval, historical analysis, and conversion capabilities, this API is a valuable tool for anyone involved in the precious metals market. By leveraging the power of real-time data, businesses can enhance their trading strategies, improve decision-making, and stay ahead of market trends. For more information, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available currencies and metals.

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Get Accurate ProShares Ultra Gold (UGL) Exchange Rates in Multiple Currencies with this API