Get DB Gold Double Long ETN (DGP) Historical Prices with Metals-API
Introduction
In the world of finance and investment, obtaining accurate historical prices for assets is crucial for making informed decisions. For those interested in precious metals, the DB Gold Double Long ETN (DGP) is a popular choice. This blog post will delve into how to access historical prices for DGP using the Metals-API, a powerful tool that provides real-time and historical data for various metals, including gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD).
Metals-API Information
About Gold (XAU)
Gold has long been a symbol of wealth and a safe haven for investors. As digital transformation sweeps through the financial sector, the integration of technology in trading precious metals has become more pronounced. The Metals-API offers a robust platform for developers to access real-time data and historical prices, enabling them to build innovative applications that leverage market insights.
Data analytics plays a pivotal role in understanding market trends and price movements. By utilizing the Metals-API, developers can harness the power of data to create applications that provide users with valuable insights into gold prices, helping them make informed investment decisions. The API's capabilities extend beyond mere data retrieval; it empowers developers to innovate in price discovery and create digital asset solutions that cater to the evolving needs of investors.
API Description
The Metals-API is designed to provide developers with a comprehensive suite of tools for accessing metals data. Its real-time capabilities allow for seamless integration into applications, enabling users to receive up-to-date information on metal prices. The API supports various endpoints, each tailored to specific functionalities, making it a versatile resource for developers.
With the Metals-API, developers can build next-generation applications that not only retrieve data but also analyze and visualize it in meaningful ways. The API's transformative potential lies in its ability to provide real-time data, allowing for timely decision-making in a fast-paced market environment.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay informed about the latest market movements.
{
"success": true,
"timestamp": 1743984428,
"base": "USD",
"date": "2025-04-07",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"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 invaluable for conducting market analysis and backtesting trading strategies.
{
"success": true,
"timestamp": 1743898028,
"base": "USD",
"date": "2025-04-06",
"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": 1743984428,
"base": "USD",
"date": "2025-04-07",
"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 investors who want to understand the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1743984428,
"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 beneficial for analyzing trends over specific periods and understanding market behavior.
{
"success": true,
"timeseries": true,
"start_date": "2025-03-31",
"end_date": "2025-04-07",
"base": "USD",
"rates": {
"2025-03-31": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-02": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-07": {
"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 understanding market volatility and making informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-31",
"end_date": "2025-04-07",
"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 query the API to get the open, high, low, and close prices for a specific date. This data is critical for traders who analyze price movements and make decisions based on historical performance.
{
"success": true,
"timestamp": 1743984428,
"base": "USD",
"date": "2025-04-07",
"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 feature is particularly useful for those interested in the London Metal Exchange prices and trends.
API Key
Your API Key is the unique key that is passed into the API base URL's access_key parameter. This key is essential for authenticating your requests and ensuring secure access to the API's features.
API Response
Exchange rates delivered by the Metals-API are by default relative to USD. All data is returned in a structured format, making it easy for developers to parse and utilize the information in their applications.
Available Endpoints
The Metals-API comes with a comprehensive list of endpoints, each providing 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 interested in the Indian market, the Gold Price India Endpoint allows users to retrieve the latest gold price in India. This feature is particularly beneficial for investors looking to understand local market conditions.
News Endpoint
The News Endpoint allows users to retrieve the latest news articles related to various metals. Staying informed about market news is crucial for making timely investment decisions.
Conclusion
Accessing historical prices for the DB Gold Double Long ETN (DGP) is made simple and efficient with the Metals-API. By leveraging the various endpoints available, developers can create powerful applications that provide real-time data, historical insights, and market analysis. The API's capabilities, including the Latest Rates, Historical Rates, and OHLC Price endpoints, empower users to make informed decisions in the dynamic world of precious metals trading.
For more information on how to implement these features, refer to the Metals-API Documentation. By utilizing this API, developers can unlock the full potential of metals data and enhance their trading strategies.