Retrieve Chennai Gold 22k (CHEN-22k) Historical Prices easily with this API
Retrieve Chennai Gold 22k (CHEN-22k) Historical Prices Easily with this API
In the ever-evolving landscape of precious metals trading, the ability to access historical prices for commodities like gold is crucial for traders, investors, and developers alike. The Metals-API offers a robust solution for retrieving historical prices, including the Chennai Gold 22k (CHEN-22k), through its comprehensive API. This blog post will delve into the capabilities of the Metals-API, focusing on how developers can leverage its features to access and analyze gold prices effectively.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. In recent years, the digital transformation in precious metals has opened new avenues for trading and investment. The integration of data analytics and market insights has empowered traders to make informed decisions based on real-time data. With the rise of technology in trading, the innovation in price discovery has become more sophisticated, allowing for better tracking of gold prices and trends.
The Metals-API stands at the forefront of this transformation, providing developers with the tools necessary to build next-generation applications that can access real-time and historical data on gold prices. By utilizing the API, developers can create applications that not only track gold prices but also analyze market trends, providing valuable insights to users.
API Description
The Metals-API is a powerful JSON API that provides access to real-time and historical prices for various metals, including gold, silver, platinum, and palladium. With its innovative approach to data delivery, the Metals-API enables developers to integrate metal price data into their applications seamlessly. The API's capabilities include:
- Real-time data: Access to the latest market rates for metals.
- Historical data: Retrieve historical prices dating back to 2019.
- Bid and Ask prices: Get real-time bid and ask prices for metals.
- Currency conversion: Convert amounts between different metals and currencies.
- Time-series data: Analyze price trends over specific periods.
- Fluctuation tracking: Monitor how prices fluctuate over time.
For developers looking to build applications that require accurate and timely metal price data, the Metals-API is an invaluable resource. The API's documentation can be found at Metals-API Documentation, which provides detailed information on how to implement its features effectively.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Here’s a closer look at some of the key features:
Latest Rates Endpoint
The Latest Rates endpoint allows users to retrieve real-time exchange rate data for metals. Depending on the subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay updated on market fluctuations.
{
"success": true,
"timestamp": 1746594080,
"base": "USD",
"date": "2025-05-07",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
For those interested in analyzing past market trends, the Historical Rates endpoint provides access to historical rates for most currencies dating back to 2019. By appending a specific date to the API call, users can retrieve the price of gold on that date, making it easier to conduct market analysis.
{
"success": true,
"timestamp": 1746507680,
"base": "USD",
"date": "2025-05-06",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"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 metals. This information is crucial for traders looking to make informed decisions based on current market conditions.
{
"success": true,
"timestamp": 1746594080,
"base": "USD",
"date": "2025-05-07",
"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 traders who deal with multiple metals and need to quickly assess their value in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1746594080,
"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 feature is invaluable for conducting in-depth market analysis and understanding price trends over time.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-30",
"end_date": "2025-05-07",
"base": "USD",
"rates": {
"2025-04-30": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-05-02": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-05-07": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation endpoint provides information about how metal prices fluctuate on a day-to-day basis. This feature is essential for traders who want to understand market volatility and make informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-30",
"end_date": "2025-05-07",
"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 traders who rely on technical analysis to make trading decisions.
{
"success": true,
"timestamp": 1746594080,
"base": "USD",
"date": "2025-05-07",
"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 London Metal Exchange prices.
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page. This resource is invaluable for developers looking to understand the various metals available for trading and analysis.
Conclusion
In conclusion, the Metals-API offers a powerful and flexible solution for developers looking to access historical prices for gold and other metals. With its comprehensive set of features, including real-time data, historical rates, and various endpoints for analysis, the API empowers developers to create innovative applications that can provide valuable insights into the precious metals market.
By leveraging the capabilities of the Metals-API, developers can enhance their applications with accurate and timely metal price data, enabling users to make informed trading decisions. Whether you are a seasoned trader or a developer looking to integrate metal price data into your applications, the Metals-API is an essential tool in the modern trading landscape.
For more information on how to get started, visit the Metals-API Website and explore the extensive documentation available to guide you through the implementation process.