Get Chennai Gold 24k (CHEN-24k) Historical Prices for the Last 5 Years using this API

Introduction

In the ever-evolving world of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. For those interested in tracking the historical prices of gold, particularly in Chennai, the Get Chennai Gold 24k (CHEN-24k) API provides a powerful tool. Utilizing the Metals-API, developers can seamlessly integrate real-time and historical gold price data into their applications. This blog post will explore how to retrieve historical prices for gold over the last five years using the Metals-API, while also delving into the broader implications of digital transformation in precious metals trading.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and a safe haven asset. In recent years, the digital transformation of the precious metals market has opened new avenues for data analytics and market insights. The integration of technology in trading has revolutionized how investors and traders access and interpret market data. With the rise of digital asset solutions, the demand for real-time data has surged, making APIs like Metals-API indispensable for developers and traders alike.

Metals-API stands at the forefront of this transformation, providing developers with the tools to build next-generation applications that leverage real-time metals data. By harnessing the power of data analytics, users can gain insights into market trends, price fluctuations, and historical performance, enabling them to make informed trading decisions.

API Description

The Metals-API offers a comprehensive suite of features designed to empower developers in their quest for accurate metals pricing data. With its innovative capabilities, the API allows users to access real-time and historical data, making it easier to track market movements and analyze trends. The API's transformative potential lies in its ability to provide developers with the necessary tools to create applications that can respond to market changes in real-time.

Among its many features, the Metals-API includes endpoints for retrieving the latest rates, historical rates, bid and ask prices, and even currency conversion. This flexibility allows developers to tailor their applications to meet specific user needs, whether they are tracking gold prices in Chennai or analyzing global market trends.

Key Features and Endpoints

The Metals-API provides a variety of endpoints that cater to different data needs. 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 is essential for traders who need to stay updated on the latest market movements.
• Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API call. This feature is particularly useful for analyzing trends over time.
• Bid And Ask Endpoint: This powerful 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 any amount from one currency to another, which is particularly useful for international traders.
• 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 currencies fluctuate on a day-to-day basis, providing insights into market volatility.
• Carat Endpoint: This endpoint allows users to retrieve information about gold rates by carat, which is essential for jewelers and consumers alike.
• Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, which is useful for identifying market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, allowing traders to analyze market performance comprehensively.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is crucial for those involved in industrial metals trading.
• API Key: Each user is assigned a unique API key that must be included in API requests to authenticate access.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The Metals-API offers numerous endpoints, each providing different functionalities tailored to user needs.
• Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to easily identify the symbols they can work with.
• Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly relevant for local traders.
• News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1749207617,
    "base": "USD",
    "date": "2025-06-06",
    "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 includes a success flag, a timestamp, the base currency, the date of the rates, and a list of rates for various metals.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1749121217,
    "base": "USD",
    "date": "2025-06-05",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint allows users to retrieve past rates, which can be critical for historical analysis and trend identification.

Time-Series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-30",
    "end_date": "2025-06-06",
    "base": "USD",
    "rates": {
        "2025-05-30": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-01": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-06": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This endpoint is particularly useful for developers looking to analyze price trends over a defined period.

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749207617,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This feature is essential for users who need to convert values between different metals or currencies.

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-30",
    "end_date": "2025-06-06",
    "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"
}

This endpoint provides insights into market volatility and can help traders make informed decisions based on historical fluctuations.

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

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1749207617,
    "base": "USD",
    "date": "2025-06-06",
    "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"
}

This endpoint is crucial for traders who rely on open, high, low, and close prices to analyze market performance.

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1749207617,
    "base": "USD",
    "date": "2025-06-06",
    "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 provides valuable information about market liquidity and pricing dynamics, essential for traders looking to optimize their strategies.

Conclusion

The Get Chennai Gold 24k (CHEN-24k) API, powered by the Metals-API, is an invaluable resource for developers and traders seeking to access historical gold prices and real-time data. By leveraging the various endpoints offered by the API, users can gain insights into market trends, analyze price fluctuations, and make informed trading decisions. The digital transformation in precious metals trading is reshaping the landscape, and APIs like Metals-API are at the forefront of this change.

For those looking to dive deeper into the capabilities of the Metals-API, the Metals-API Documentation provides comprehensive guidance on how to implement these features effectively. Additionally, the Metals-API Supported Symbols page offers a complete list of available symbols, ensuring that developers can easily find the data they need.

In summary, the Metals-API not only empowers developers with the tools to create innovative applications but also enhances the trading experience for users by providing access to accurate and timely metals data. As the market continues to evolve, staying informed and utilizing the right tools will be key to success in the precious metals trading space.