Home
Blog
Get Faridabad Gold 22k (FARI-22k) Current Market Data using this API

Get Faridabad Gold 22k (FARI-22k) Current Market Data using this API

Get Faridabad Gold 22k (FARI-22k) Current Market Data using this API

Get Faridabad Gold 22k (FARI-22k) Current Market Data using this API

In today's digital landscape, the demand for real-time data has surged, especially in the precious metals market. For developers looking to access comprehensive market data for gold, the Metals-API offers a robust solution. This blog post will delve into the intricacies of retrieving historical prices for gold (XAU) using the Metals-API, while also exploring the broader implications of digital transformation in precious metals trading.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. Its allure is not just in its physical properties but also in its role as a hedge against inflation and economic uncertainty. As the world transitions into a more digital economy, the integration of technology in trading gold has become paramount. The digital transformation in precious metals trading has led to enhanced data analytics and market insights, allowing traders to make informed decisions based on real-time data.

With the advent of APIs like Metals-API, developers can harness the power of data analytics to build applications that provide market insights, track price fluctuations, and facilitate trading. The integration of technology in trading has revolutionized price discovery, enabling users to access up-to-the-minute information about gold prices and trends.

Metals-API Information

The Metals-API is a powerful tool designed for developers seeking to access real-time and historical data on various metals, including gold. This API empowers users to build next-generation applications that can analyze market trends, convert currencies, and retrieve historical price data seamlessly. The API's capabilities extend beyond mere data retrieval; it offers innovative solutions for digital asset management and trading.

For more information, visit the Metals-API Website or explore the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API provides a variety of endpoints that cater to different needs within the precious metals market. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint returns real-time exchange rate data for gold and other metals. Depending on your subscription plan, updates can occur every 60 minutes or even every 10 minutes, ensuring you have the latest information at your fingertips.
  • Historical Rates Endpoint: Access historical rates for gold dating back to 2019. By appending a specific date to your request, you can retrieve past prices, which is invaluable for trend analysis and forecasting.
  • Bid And Ask Endpoint: This feature allows you to obtain real-time bid and ask prices for gold, providing insights into market liquidity and pricing strategies.
  • Convert Endpoint: Easily convert any amount from one metal to another or to/from USD. This is particularly useful for traders who operate in multiple currencies.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling comprehensive analysis of price movements over time.
  • Fluctuation Endpoint: Track how gold prices fluctuate on a day-to-day basis, allowing you to understand market volatility and make informed trading decisions.
  • Carat Endpoint: Retrieve gold rates by carat, which is essential for jewelers and those involved in the retail of gold jewelry.
  • Lowest/Highest Price Endpoint: Get the lowest and highest prices for gold over a specified period, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for gold, which is crucial for technical analysis and trading strategies.
  • Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates dating back to 2008.
  • API Key: Your unique API key is essential for accessing the API and must be included in your requests.
  • 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.
  • 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 updated with the latest news articles related to various metals, helping you stay informed about market trends.

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.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1746345616,
    "base": "USD",
    "date": "2025-05-04",
    "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"
}

This response indicates that the current price of gold (XAU) is 0.000482 per troy ounce, relative to USD.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1746259216,
    "base": "USD",
    "date": "2025-05-03",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows the historical price of gold on May 3, 2025, allowing developers to analyze past trends.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-27",
    "end_date": "2025-05-04",
    "base": "USD",
    "rates": {
        "2025-04-27": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-29": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-04": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides daily historical rates for gold over a specified period, which is essential for trend analysis.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1746345616,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This example illustrates how to convert a specific amount of USD to gold, showing that $1000 converts to 0.482 troy ounces of gold.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-27",
    "end_date": "2025-05-04",
    "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 response provides insights into how gold prices have fluctuated over a specific period, which is crucial for traders looking to capitalize on market movements.

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1746345616,
    "base": "USD",
    "date": "2025-05-04",
    "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 provides critical data for traders, showing the opening, high, low, and closing prices for gold, which is essential for technical analysis.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1746345616,
    "base": "USD",
    "date": "2025-05-04",
    "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 response provides the current bid and ask prices for gold, which is essential for traders looking to execute orders efficiently.

Conclusion

The Metals-API is an invaluable resource for developers seeking to access real-time and historical data for gold and other precious metals. By leveraging the API's capabilities, developers can create applications that provide market insights, facilitate trading, and enhance decision-making processes. The integration of technology in precious metals trading not only streamlines operations but also empowers users to make informed decisions based on accurate data.

For further exploration of the API's features and capabilities, be sure to check out the Metals-API Documentation and the Metals-API Supported Symbols page. Embrace the future of trading with the Metals-API and unlock the potential of real-time metals data.

Ready to use Metals-API?

Try it now!

Search

Recent Posts