Get Gold UAE 22 k (XAUUAE22) - Per Gram Historical Value Analysis using this API
Get Gold UAE 22 k (XAUUAE22) - Per Gram Historical Value Analysis using this API
In the ever-evolving landscape of precious metals trading, the ability to access real-time and historical data is paramount for investors, traders, and developers alike. One of the most sought-after metals is gold, represented by the symbol XAU. This blog post delves into the historical value analysis of gold in the UAE, specifically focusing on the 22 karat variant (XAUUAE22), and how to leverage the Metals-API to obtain comprehensive historical prices and insights.
About Gold (XAU)
Gold has been a symbol of wealth and prosperity for centuries, and its allure continues in the digital age. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. With the integration of technology, traders can now access real-time data, enabling them to make informed decisions based on current market conditions.
Data analytics plays a crucial role in understanding market trends and price movements. By utilizing advanced algorithms and machine learning techniques, traders can analyze historical data to predict future price fluctuations. This innovation in price discovery is essential for maximizing investment returns and minimizing risks.
Moreover, the rise of digital asset solutions has transformed how gold is traded. Investors can now buy and sell gold in various forms, including digital gold, which is backed by physical gold reserves. This shift not only enhances liquidity but also provides a more accessible entry point for new investors.
Metals-API Information
The Metals-API is a powerful tool that provides developers with access to real-time and historical data for various metals, including gold. This API empowers developers to build next-generation applications that can analyze market trends, track price movements, and provide insights into the precious metals market.
With the Metals-API Documentation, developers can explore a wide range of features and endpoints designed to facilitate seamless integration into their applications. The API supports multiple functionalities, including retrieving the latest rates, historical rates, and even bid and ask prices for metals.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Hereβs a breakdown of some of the most significant 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 feature is crucial for traders who need up-to-the-minute information to make quick decisions.
- Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. By appending a specific date to the API request, users can access historical data, which is invaluable for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices, allowing traders to gauge market sentiment and make informed trading decisions.
- Convert Endpoint: The API includes a currency conversion endpoint, which can be used to convert any amount from one currency to another. This is particularly useful for traders operating in multiple currencies.
- Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, providing a comprehensive view of price movements over time.
- Fluctuation Endpoint: This endpoint allows users to track how currencies fluctuate on a day-to-day basis, offering insights into market volatility.
- Carat Endpoint: Users can retrieve information about gold rates by carat, which is essential for jewelers and consumers looking to buy or sell gold jewelry.
- Lowest/Highest Price Endpoint: This feature allows users to query the API to get the lowest and highest price for a specified date, aiding in investment decision-making.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for a specific date, which is crucial for technical analysis.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for extensive market analysis.
- API Key: Users must pass their unique API key into the API base URL's access_key parameter to authenticate their requests.
- API Response: Exchange rates delivered by the Metals-API are by default relative to USD, and all data is returned in a structured JSON format.
- Available Endpoints: The Metals-API comes with 14 API endpoints, each providing different functionalities to cater to various user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring users can access the most up-to-date information.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of how to use various endpoints, along with their expected JSON responses.
Latest Rates Endpoint
Get real-time exchange rates for all available metals:
{
"success": true,
"timestamp": 1764288201,
"base": "USD",
"date": "2025-11-28",
"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"
}
Historical Rates Endpoint
Access historical exchange rates for any date since 1999:
{
"success": true,
"timestamp": 1764201801,
"base": "USD",
"date": "2025-11-27",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
Get exchange rates for a specific time period:
{
"success": true,
"timeseries": true,
"start_date": "2025-11-21",
"end_date": "2025-11-28",
"base": "USD",
"rates": {
"2025-11-21": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-23": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-28": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
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": 1764288201,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates:
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-21",
"end_date": "2025-11-28",
"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"
}
OHLC (Open/High/Low/Close) Price Endpoint
Get OHLC data for a specific time period:
{
"success": true,
"timestamp": 1764288201,
"base": "USD",
"date": "2025-11-28",
"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"
}
Bid/Ask Endpoint
Get current bid and ask prices for metals:
{
"success": true,
"timestamp": 1764288201,
"base": "USD",
"date": "2025-11-28",
"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"
}
Conclusion
In conclusion, the Metals-API provides an invaluable resource for developers and traders looking to access real-time and historical data on precious metals like gold. By utilizing the various endpoints, users can gain insights into market trends, track price movements, and make informed trading decisions.
As the digital landscape continues to evolve, the integration of technology in precious metals trading will only become more pronounced. The ability to analyze historical data, track fluctuations, and access real-time rates empowers traders to navigate the complexities of the market effectively.
For further exploration, developers can refer to the Metals-API Documentation and the Metals-API Supported Symbols page to discover the full range of functionalities available. Embrace the future of precious metals trading with the power of data at your fingertips.