Home
Blog
Retrieve DB Gold Double Long ETN (DGP) prices through a simple API call

Retrieve DB Gold Double Long ETN (DGP) prices through a simple API call

Retrieve DB Gold Double Long ETN (DGP) prices through a simple API call

Retrieve DB Gold Double Long ETN (DGP) Prices Through a Simple API Call

In the ever-evolving landscape of financial markets, the ability to access real-time data is paramount for traders and developers alike. One such asset that has garnered significant attention is the Gold Double Long ETN (DGP), which allows investors to gain leveraged exposure to the price of gold. To effectively track and analyze the price movements of DGP, developers can utilize the Metals-API, a powerful tool that provides comprehensive data on precious metals, including gold (XAU). This blog post will delve into the capabilities of the Metals-API, explore the intricacies of gold as a commodity, and illustrate how to retrieve DGP prices through a simple API call.

About Gold (XAU)

Gold has long been regarded as a safe-haven asset, especially during times of economic uncertainty. Its digital transformation has been driven by advancements in technology, data analytics, and market insights. As the trading landscape evolves, integrating technology into trading strategies has become essential. The Metals-API empowers developers to harness real-time data for innovative price discovery and digital asset solutions.

With the rise of digital currencies and assets, gold remains a cornerstone of investment portfolios. The ability to analyze gold prices through data analytics allows traders to make informed decisions based on market trends. The Metals-API provides a robust platform for accessing this data, enabling developers to create applications that can respond to market changes in real-time.

API Description

The Metals-API is designed to deliver real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API is a game-changer for developers looking to build next-generation applications that require accurate and timely metals data. With its innovative features, the Metals-API allows users to access a wealth of information that can be leveraged for trading, analysis, and investment strategies.

One of the standout features of the Metals-API is its ability to provide real-time exchange rate data, updated frequently depending on the subscription plan. This ensures that users have access to the most current market information, which is crucial for making timely trading decisions. Additionally, the API supports a variety of endpoints that cater to different data needs, from historical rates to bid and ask prices.

Key Features and Endpoints

The Metals-API offers a range of endpoints that provide various functionalities, each designed to enhance the user experience and data accessibility. Here are some of the key features:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for metals, updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay updated on price movements.
  • Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API call, developers can retrieve past data to analyze trends and make informed decisions.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The API includes a currency conversion feature, enabling users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two chosen dates, allowing for in-depth analysis of price movements over time.
  • Fluctuation Endpoint: This endpoint provides information about how metal prices fluctuate on a day-to-day basis, helping traders understand market volatility.
  • Carat Endpoint: Users can retrieve information about gold rates by carat, which is essential for jewelers and those dealing in fine gold.
  • Lowest/Highest Price Endpoint: This feature allows users to query the API to get the lowest and highest prices for a specified date, providing insights into market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for a specific time period, which is crucial for technical analysis and trading strategies.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
  • API Key: Each user is assigned a unique API key that must be included in API calls to authenticate requests.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API includes 14 endpoints, each providing different functionalities tailored to user needs.
  • Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring users can access the latest symbols for their queries.
  • News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.

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 integrate specific metals into their applications.

API Endpoint Examples and Responses

To illustrate the functionality of the Metals-API, here are some examples of API responses for various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1763341244,
    "base": "USD",
    "date": "2025-11-17",
    "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"
}

The above response shows the latest exchange rates for various metals, with gold (XAU) priced at 0.000482 per troy ounce. This data is crucial for traders looking to make quick decisions based on current market conditions.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1763254844,
    "base": "USD",
    "date": "2025-11-16",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response illustrates how users can access historical rates for gold and other metals, allowing for trend analysis and historical performance evaluation.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-11-10",
    "end_date": "2025-11-17",
    "base": "USD",
    "rates": {
        "2025-11-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-11-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-11-17": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series response provides daily rates for a specified period, enabling users to analyze price movements over time and identify trends.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1763341244,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This example demonstrates how the convert endpoint allows users to convert amounts between different metals and currencies, providing flexibility for traders operating in diverse markets.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-11-10",
    "end_date": "2025-11-17",
    "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"
}

The fluctuation endpoint provides insights into how prices have changed over a specified period, which is essential for understanding market volatility and making informed trading decisions.

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

{
    "success": true,
    "timestamp": 1763341244,
    "base": "USD",
    "date": "2025-11-17",
    "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 open, high, low, and close prices for a specific date, which is crucial for traders conducting technical analysis.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1763341244,
    "base": "USD",
    "date": "2025-11-17",
    "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"
}

The bid/ask endpoint provides current bid and ask prices, which are essential for traders looking to execute orders at the best possible prices.

Conclusion

In conclusion, the Metals-API is an invaluable resource for developers and traders seeking to access real-time and historical data on precious metals, including gold (XAU). By leveraging the API's extensive features, such as the latest rates, historical data, and conversion capabilities, users can build sophisticated applications that respond to market dynamics. The ability to track fluctuations, analyze trends, and access bid/ask prices empowers traders to make informed decisions in a fast-paced environment.

For those interested in exploring the full capabilities of the Metals-API, I encourage you to visit the Metals-API Website and review the Metals-API Documentation for detailed information on how to implement these features in your applications. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of available metals, ensuring you have all the necessary tools to succeed in your trading endeavors.

Ready to use Metals-API?

Try it now!

Search

Related Posts

Recent Posts