How to Get Real-Time Chennai Gold 24k (CHEN-24k) Prices with Metals-API

How to Get Real-Time Chennai Gold 24k (CHEN-24k) Prices with Metals-API
Metals-API offers a powerful solution to retrieve real-time prices, including the Chennai Gold 24k (CHEN-24k) rates. This blog post will guide you through the process of accessing these prices using the Metals-API, providing detailed instructions, example API calls, and insights into the transformative potential of real-time metals data.
Understanding Metals-API
Metals-API is a comprehensive JSON API that provides real-time and historical data for various metals, including gold, silver, platinum, and palladium. It empowers developers to build next-generation applications that require accurate and timely metals pricing information. With features like the Latest Rates Endpoint, Historical Rates Endpoint, and more, the Metals-API is designed to facilitate seamless integration into financial applications, trading platforms, and data analytics tools.
About Gold (XAU)
XAU, is one of the most sought-after precious metals globally. Its value is influenced by various factors, including market demand, geopolitical stability, and economic indicators. The digital transformation in the precious metals market has led to innovative solutions for price discovery and trading. With the integration of data analytics and technology, investors can gain deeper insights into market trends and make more informed decisions.
Accessing Real-Time Gold Prices
Step 1: Sign Up and Obtain Your API Key
Metals-API Website and create an account. After signing up, you will receive an API key that you will use in your requests. This key is crucial for accessing the API's features and ensuring that your requests are authenticated.
Step 2: Using the Latest Rates Endpoint
https://metals-api.com/api/latest?access_key=YOUR_API_KEY&base=USD&symbols=XAU
YOUR_API_KEY with your actual API key. The response will include the latest gold price in USD per troy ounce.
Example Response for Latest Rates
{
"success": true,
"timestamp": 1754957192,
"base": "USD",
"date": "2025-08-12",
"rates": {
"XAU": 0.000482
},
"unit": "per troy ounce"
}
Step 3: Accessing Historical Rates
https://metals-api.com/api/historical?access_key=YOUR_API_KEY&date=YYYY-MM-DD&base=USD&symbols=XAU
YYYY-MM-DD with the desired date. The response will provide the historical price for gold on that specific date.
Example Response for Historical Rates
{
"success": true,
"timestamp": 1754870792,
"base": "USD",
"date": "2025-08-11",
"rates": {
"XAU": 0.000485
},
"unit": "per troy ounce"
}
Step 4: Utilizing the Time-Series Endpoint
https://metals-api.com/api/timeseries?access_key=YOUR_API_KEY&start_date=YYYY-MM-DD&end_date=YYYY-MM-DD&base=USD&symbols=XAU
start_date and end_date
with your desired date range. The response will include daily rates for gold within that period.
Example Response for Time-Series Data
{
"success": true,
"timeseries": true,
"start_date": "2025-08-05",
"end_date": "2025-08-12",
"base": "USD",
"rates": {
"2025-08-05": {
"XAU": 0.000485
},
"2025-08-12": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}
Step 5: Converting Metal Values
https://metals-api.com/api/convert?access_key=YOUR_API_KEY&from=USD&to=XAU&amount=1000
Example Response for Conversion
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1754957192,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Advanced Features of Metals-API
Bid and Ask Prices
https://metals-api.com/api/bidask?access_key=YOUR_API_KEY&base=USD&symbols=XAU
Example Response for Bid and Ask Prices
{
"success": true,
"timestamp": 1754957192,
"base": "USD",
"date": "2025-08-12",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
https://metals-api.com/api/fluctuation?access_key=YOUR_API_KEY&start_date=YYYY-MM-DD&end_date=YYYY-MM-DD&base=USD&symbols=XAU
Example Response for Fluctuation Data
{
"success": true,
"fluctuation": true,
"start_date": "2025-08-05",
"end_date": "2025-08-12",
"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) Prices
https://metals-api.com/api/open-high-low-close?access_key=YOUR_API_KEY&date=YYYY-MM-DD&base=USD&symbols=XAU
Example Response for OHLC Data
{
"success": true,
"timestamp": 1754957192,
"base": "USD",
"date": "2025-08-12",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Security and Best Practices
- API Key Management: Keep your API key secure and do not expose it in public repositories or client-side code.
- Rate Limiting: Be aware of your subscription plan's rate limits to avoid exceeding your quota and receiving errors.
- Error Handling: Implement robust error handling to manage API response errors gracefully.
- Data Validation: Validate and sanitize any data received from the API to prevent security vulnerabilities.
Conclusion
Metals-API Documentation and explore the full range of supported symbols on the Metals-API Supported Symbols page. Embrace the digital transformation in precious metals trading and unlock the potential of real-time data with Metals-API.