Get Gold UAE 24 k (XAUUAE24) - Per Gram Historical Prices for Investment Research using this API

Get Gold UAE 24 k (XAUUAE24) - Per Gram Historical Prices for Investment Research using this API

In today's rapidly evolving financial landscape, the demand for accurate and real-time data on precious metals, particularly gold, has surged. Investors, traders, and analysts are increasingly turning to APIs to access historical prices and market insights. One such powerful tool is the Metals-API, which provides comprehensive data on gold prices, including the symbol XAU, allowing users to conduct thorough investment research. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices for gold and explore the innovative features that make this API a game-changer in the realm of precious metals trading.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been regarded as a safe-haven asset and a hedge against inflation. Its value is influenced by various factors, including geopolitical events, currency fluctuations, and market demand. In the context of digital transformation, the trading of gold has evolved significantly, with technology playing a pivotal role in price discovery and market analytics.

The integration of data analytics and market insights into gold trading has revolutionized how investors approach their strategies. With the rise of digital asset solutions, traders can now leverage real-time data to make informed decisions. The Metals-API stands at the forefront of this transformation, providing developers with the tools necessary to build next-generation applications that harness the power of real-time metals data.

Metals-API Overview

The Metals-API is a robust platform designed to deliver real-time and historical data on various metals, including gold. It empowers developers to create applications that can access and analyze metal prices, facilitating better investment decisions. The API's capabilities extend beyond mere price retrieval; it encompasses a wide range of features that enhance the user experience and provide valuable insights.

For more information on the API's features and capabilities, visit the Metals-API Documentation. Here, you can find detailed explanations of each endpoint, including how to authenticate and utilize the API effectively.

Key Features of Metals-API

The Metals-API offers several key features that cater to the needs of developers and traders alike. Below are some of the most notable endpoints and their functionalities:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for various metals, updated at intervals depending on your subscription plan. This endpoint is crucial for traders who need to stay informed about current market conditions. The API returns data in JSON format, including the base currency, date, and rates for metals such as XAU (Gold), XAG (Silver), and more.

{
    "success": true,
    "timestamp": 1750291668,
    "base": "USD",
    "date": "2025-06-19",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

This response indicates that the current price of gold is 0.000482 per troy ounce, providing traders with immediate access to vital market data.

Historical Rates Endpoint

For those interested in analyzing trends over time, the Historical Rates Endpoint allows users to access historical exchange rates dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices for analysis.

{
    "success": true,
    "timestamp": 1750205268,
    "base": "USD",
    "date": "2025-06-18",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint is particularly useful for conducting investment research, as it enables users to identify historical price movements and make informed predictions about future trends.

Time-Series Endpoint

The Time-Series Endpoint provides exchange rates for a specific time period, allowing users to analyze price movements over days, weeks, or months. This feature is essential for traders looking to identify patterns and make strategic decisions based on historical data.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-12",
    "end_date": "2025-06-19",
    "base": "USD",
    "rates": {
        "2025-06-12": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-14": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-19": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response illustrates how gold prices have fluctuated over the specified period, providing valuable insights for trend analysis.

Convert Endpoint

The Convert Endpoint allows users to convert amounts between different metals or to/from USD. This feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1750291668,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

In this example, converting 1000 USD yields approximately 0.482 troy ounces of gold, enabling traders to make quick calculations regarding their investments.

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how metal prices fluctuate between two dates. This feature is essential for understanding market volatility and making informed trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-12",
    "end_date": "2025-06-19",
    "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 indicates that gold prices decreased by 0.62% over the specified period, providing traders with critical information about market trends.

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

The OHLC Price Endpoint allows users to retrieve open, high, low, and close prices for a specific time period. This data is invaluable for traders looking to analyze market performance and make strategic decisions based on historical price movements.

{
    "success": true,
    "timestamp": 1750291668,
    "base": "USD",
    "date": "2025-06-19",
    "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 a comprehensive view of market activity, allowing traders to assess performance and make informed decisions.

Bid/Ask Endpoint

The Bid/Ask Endpoint is a powerful feature that enables users to retrieve current bid and ask prices for metals. This information is crucial for traders looking to execute trades at optimal prices.

{
    "success": true,
    "timestamp": 1750291668,
    "base": "USD",
    "date": "2025-06-19",
    "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 indicates the current bid and ask prices for gold, providing traders with essential information for executing trades effectively.

Comprehensive API Documentation

For developers looking to integrate the Metals-API into their applications, comprehensive documentation is available. The Metals-API Documentation provides detailed information on authentication, endpoint usage, and response structures. Understanding these elements is crucial for successful implementation.

Authentication and Authorization

To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key is essential for authenticating requests and ensuring secure access to the API's features. Developers should keep their API keys confidential to prevent unauthorized access.

Rate Limiting and Quota Management

Metals-API implements rate limiting to ensure fair usage and maintain performance. Users should be aware of their subscription plan's limits and manage their requests accordingly. Exceeding the rate limit may result in temporary access restrictions.

Error Handling and Recovery Strategies

When working with APIs, it's essential to implement robust error handling. The Metals-API provides clear error messages in response to invalid requests or server issues. Developers should design their applications to gracefully handle errors and provide users with informative feedback.

Performance Optimization

To optimize performance when using the Metals-API, developers should consider caching frequently accessed data and minimizing the number of API calls. This approach can significantly reduce latency and improve the overall user experience.

Security Best Practices

Security is paramount when working with APIs. Developers should follow best practices, such as using HTTPS for secure communication, regularly rotating API keys, and implementing proper access controls to protect sensitive data.

Conclusion

The Metals-API is a powerful tool for developers and traders seeking to access real-time and historical data on precious metals, particularly gold. With its comprehensive features, including the Latest Rates, Historical Rates, and various conversion endpoints, the API empowers users to make informed investment decisions. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance the trading experience and provide valuable market insights.

For more information on the API's features and to explore the full range of supported symbols, visit the Metals-API Supported Symbols page. Whether you're a seasoned trader or a developer looking to integrate precious metals data into your applications, the Metals-API offers the tools you need to succeed in today's dynamic market.

In summary, the Metals-API not only provides access to critical market data but also enables developers to build applications that can adapt to the ever-changing landscape of precious metals trading. By understanding the API's features and implementing best practices, users can unlock the full potential of this innovative platform.