Get Kolhapur Gold 22k (KOLH-22k) prices using this API to enhance your investment strategies

Introduction

In today's rapidly evolving financial landscape, the integration of technology into investment strategies is more crucial than ever. For investors looking to enhance their strategies, accessing real-time data on precious metals like gold is essential. This is where the Metals-API comes into play, providing comprehensive data on gold prices, including the Kolhapur Gold 22k (KOLH-22k). This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, features, and how it can empower developers to create innovative applications for trading and investment.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As a precious metal, it plays a vital role in the global economy, serving as a hedge against inflation and currency fluctuations. The digital transformation in the precious metals market has opened new avenues for investors, allowing them to leverage data analytics and market insights to make informed decisions.

With the rise of technology integration in trading, investors can now access real-time gold prices, historical data, and market trends at their fingertips. The innovation in price discovery mechanisms has made it easier for traders to identify opportunities and optimize their investment strategies. Furthermore, digital asset solutions are reshaping how gold is perceived and traded, making it more accessible to a broader audience.

Understanding the Metals-API

The Metals-API is a powerful tool designed for developers seeking to integrate real-time metals data into their applications. This API provides a wide range of functionalities, enabling users to access the latest rates, historical data, and various analytical insights. With its robust architecture, the Metals-API empowers developers to build next-generation applications that can transform how investors interact with precious metals.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the user's subscription plan. This ensures that investors have access to the most current information, allowing them to make timely decisions. The API also supports a variety of endpoints, each tailored to specific needs, from retrieving the latest rates to historical data analysis.

Key Features and Endpoints

The Metals-API offers a plethora of endpoints that cater to various use cases. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for precious 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 crucial for traders who need to stay informed about market fluctuations.

{
    "success": true,
    "timestamp": 1750172413,
    "base": "USD",
    "date": "2025-06-17",
    "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. This is particularly useful for analyzing trends over time and making data-driven investment decisions. Users can query the API for historical rates by appending a specific date to the request.

{
    "success": true,
    "timestamp": 1750086013,
    "base": "USD",
    "date": "2025-06-16",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "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 various metals. This information is vital for traders looking to execute buy or sell orders at optimal prices.

{
    "success": true,
    "timestamp": 1750172413,
    "base": "USD",
    "date": "2025-06-17",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        },
        "XAG": {
            "bid": 0.0381,
            "ask": 0.0382,
            "spread": 0.0001
        }
    },
    "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 quickly assess the value of their holdings in different currencies.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1750172413,
        "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 is invaluable for conducting in-depth analyses of price movements over specific periods.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-10",
    "end_date": "2025-06-17",
    "base": "USD",
    "rates": {
        "2025-06-10": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-06-12": {
            "XAU": 0.000483,
            "XAG": 0.0382
        },
        "2025-06-17": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how currencies fluctuate on a day-to-day basis. This feature is essential for traders who need to understand market volatility and make informed decisions based on price changes.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-10",
    "end_date": "2025-06-17",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

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

The OHLC Price Endpoint allows users to query the API for the open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and helps traders identify trends and potential entry or exit points.

{
    "success": true,
    "timestamp": 1750172413,
    "base": "USD",
    "date": "2025-06-17",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for users interested in the historical performance of metals traded on the London Metal Exchange.

API Key and Response

To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. The API delivers exchange rates relative to USD by default, ensuring consistency across responses.

All data returned by the API is structured in a JSON format, making it easy for developers to integrate into their applications. The API response includes fields such as success status, timestamp, base currency, date, rates, and unit of measurement.

Supported Symbols Endpoint

The Supported Symbols Endpoint provides a constantly updated list of all available currencies and metals. This is essential for developers to ensure they are using the correct symbols in their API requests.

Gold Price India Endpoint

For those specifically interested in the Indian market, the Gold Price India Endpoint allows users to retrieve the latest gold prices in India. This feature is particularly beneficial for investors looking to track local market trends.

News Endpoint

The News Endpoint enables users to retrieve the latest news articles related to various metals. Staying informed about market news is crucial for making timely investment decisions.

Conclusion

The Metals-API is an invaluable resource for developers and investors alike, offering a comprehensive suite of tools to access real-time and historical data on precious metals. By leveraging the capabilities of this API, users can enhance their investment strategies, make informed decisions, and stay ahead in the competitive market of precious metals trading.

With features like the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion tools, the Metals-API provides the necessary data to navigate the complexities of the metals market. Whether you are a seasoned trader or a developer looking to build innovative applications, the Metals-API is your gateway to unlocking the potential of precious metals investment.

For more information, visit the Metals-API Documentation to explore the full range of features and capabilities. Start integrating real-time metals data into your applications today and take your investment strategies to the next level!