Query Salem Gold 24k (SALE-24k) Historical Prices from this API

In the ever-evolving landscape of precious metals trading, the ability to access and analyze historical prices is paramount for investors and developers alike. One of the most reliable sources for this data is the Metals-API, which provides comprehensive access to real-time and historical pricing information for various metals, including Gold (XAU). This blog post will delve into the intricacies of querying historical prices for Gold using the Metals-API, exploring its features, capabilities, and practical applications.

About Gold (XAU)

Gold has long been regarded as a safe haven asset, a hedge against inflation, and a symbol of wealth. As the digital transformation continues to reshape financial markets, the integration of technology in precious metals trading has become increasingly significant. The use of data analytics and market insights allows traders to make informed decisions based on real-time data. With the advent of APIs like Metals-API, developers can harness the power of technology to create innovative solutions for price discovery and trading.

In the context of Gold, the Metals-API serves as a vital tool for accessing historical price data, enabling users to analyze trends, fluctuations, and market behavior over time. This capability is essential for both individual investors and institutional traders looking to optimize their trading strategies.

Metals-API Overview

The Metals-API is a powerful JSON API that provides real-time and historical pricing data for various metals, including Gold, Silver, Platinum, and Palladium. The API is designed to empower developers to build next-generation applications that require accurate and timely metals data. With its user-friendly interface and extensive documentation, Metals-API simplifies the process of integrating metals pricing into applications.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated at intervals depending on the user's subscription plan. This ensures that developers have access to the most current market information, which is crucial for making informed trading decisions.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data. Below, we will explore some of the key features and how they can be utilized effectively.

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for all available 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 invaluable for traders who require up-to-the-minute pricing information.

{
    "success": true,
    "timestamp": 1749082305,
    "base": "USD",
    "date": "2025-06-05",
    "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 the current exchange rates for various metals, with Gold (XAU) priced at 0.000482 per troy ounce. Understanding this data allows traders to make quick decisions based on market movements.

Historical Rates Endpoint

The Historical Rates Endpoint is particularly useful for those looking to analyze past performance. Historical rates are available for most currencies dating back to 2019. By appending a specific date to the API request, users can retrieve historical pricing data for Gold and other metals.

{
    "success": true,
    "timestamp": 1748995905,
    "base": "USD",
    "date": "2025-06-04",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response provides the historical price of Gold on June 4, 2025, allowing users to track price changes over time. Analyzing historical data can reveal trends and patterns that inform future trading strategies.

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is particularly beneficial for conducting in-depth analyses of price movements over specific periods.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-29",
    "end_date": "2025-06-05",
    "base": "USD",
    "rates": {
        "2025-05-29": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-31": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-05": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response illustrates how Gold prices have fluctuated over a week, providing insights into market behavior. Such data is crucial for traders looking to capitalize on short-term movements.

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 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": 1749082305,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response shows that converting $1,000 to Gold yields approximately 0.482 troy ounces. Such conversions are essential for traders managing diverse portfolios.

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is vital for understanding market volatility and making informed trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-29",
    "end_date": "2025-06-05",
    "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 details the fluctuations in Gold prices over a specified period, highlighting the percentage change. Understanding these fluctuations is crucial for traders looking to mitigate risks.

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

The OHLC Price Endpoint provides users with the open, high, low, and close prices for a specific time period. This data is essential for technical analysis and helps traders identify potential entry and exit points.

{
    "success": true,
    "timestamp": 1749082305,
    "base": "USD",
    "date": "2025-06-05",
    "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 response provides a comprehensive view of Gold's price movements throughout the day, allowing traders to make data-driven decisions based on historical performance.

Bid/Ask Endpoint

The Bid/Ask Endpoint retrieves current bid and ask prices for metals. This feature is crucial for traders who need to understand the market's current buying and selling prices.

{
    "success": true,
    "timestamp": 1749082305,
    "base": "USD",
    "date": "2025-06-05",
    "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 shows the current bid and ask prices for Gold, providing traders with the necessary information to execute trades effectively. Understanding the bid-ask spread is essential for optimizing trading strategies.

Practical Use Cases and Integration Strategies

Integrating the Metals-API into trading applications can significantly enhance the user experience and provide valuable insights. Here are some practical use cases:

Portfolio Management: Traders can use historical price data to assess the performance of their portfolios and make informed decisions about asset allocation.
Automated Trading Systems: Developers can build algorithms that leverage real-time data from the Metals-API to execute trades automatically based on predefined criteria.
Market Analysis Tools: By integrating the API, developers can create tools that analyze market trends and provide users with actionable insights.

Common Developer Questions

As developers begin to work with the Metals-API, they may encounter common questions and challenges. Here are some frequently asked questions:

How do I authenticate with the Metals-API?

Authentication is done using an API key, which is passed into the API base URL's access_key parameter. Ensure that you keep your API key secure and do not expose it in client-side code.

What are the rate limits for the API?

Rate limits vary depending on your subscription plan. Be sure to review the documentation to understand your plan's limitations and avoid exceeding them.

How can I handle errors in API responses?

API responses include a success field that indicates whether the request was successful. In case of an error, the response will contain an error message that can guide you in troubleshooting the issue.

Conclusion

The Metals-API is an invaluable resource for developers and traders looking to access real-time and historical pricing data for precious metals like Gold. By leveraging its various endpoints, users can gain insights into market trends, optimize trading strategies, and make informed decisions. Whether you are building a trading application or conducting market analysis, the Metals-API provides the tools necessary to succeed in the dynamic world of precious metals trading.

For more information on how to get started, visit the Metals-API Documentation and explore the Metals-API Supported Symbols to understand the full range of capabilities offered. Embrace the power of data and technology in your trading journey!

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Query Salem Gold 24k (SALE-24k) Historical Prices from this API