Retrieve Indore Gold 22k (INDO-22k) prices from the latest market data API
Introduction
In the ever-evolving landscape of precious metals trading, the ability to access real-time data is paramount. This is where the Metals-API comes into play, offering developers a robust solution for retrieving Indore Gold 22k (INDO-22k) prices and other metal rates. This blog post delves into the intricacies of the Metals-API, exploring its capabilities, the significance of gold as a commodity, and how developers can leverage this API to create innovative applications.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of financial markets and a symbol of wealth and stability. As a precious metal, gold is not only a valuable asset for investors but also plays a crucial role in various industries, including jewelry, electronics, and aerospace. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights, enabling traders to make informed decisions based on real-time information.
The integration of technology in trading has revolutionized how market participants interact with gold prices. With the advent of APIs like Metals-API, developers can harness the power of data analytics to gain insights into market trends, price fluctuations, and historical data. This innovation in price discovery allows for more accurate forecasting and strategic planning in trading activities.
API Description
The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including gold, silver, platinum, and palladium. It empowers developers to build next-generation applications that require accurate and timely metal pricing information. By utilizing this API, developers can create solutions that enhance trading strategies, automate processes, and provide users with valuable insights into the metals market.
For more detailed information on how to implement this API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on the API's capabilities, endpoints, and usage examples.
Key Features and Endpoints
The Metals-API offers a wide range of features that cater to various trading needs. Below are some of the key endpoints and their functionalities:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for metals, updated at intervals depending on your subscription plan. This endpoint is crucial for traders who need to make quick decisions based on the most current market conditions.
{
"success": true,
"timestamp": 1763434850,
"base": "USD",
"date": "2025-11-18",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
Access to historical rates dating back to 2019 allows traders to analyze past market trends and make informed predictions. By appending a specific date to the endpoint, users can retrieve historical data for any metal.
{
"success": true,
"timestamp": 1763348450,
"base": "USD",
"date": "2025-11-17",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}Bid And Ask Endpoint
This endpoint provides real-time bid and ask prices for metals, allowing traders to gauge market sentiment and make strategic decisions. The bid price represents the maximum price that a buyer is willing to pay, while the ask price is the minimum price a seller is willing to accept.
{
"success": true,
"timestamp": 1763434850,
"base": "USD",
"date": "2025-11-18",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}Convert Endpoint
The Convert endpoint allows users to convert amounts between different metals or to/from USD. This feature is particularly useful for traders who deal with multiple currencies and need to quickly assess the value of their holdings.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1763434850,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series endpoint enables users to query daily historical rates between two specified dates. This feature is essential for conducting in-depth analyses of price movements over time.
{
"success": true,
"timeseries": true,
"start_date": "2025-11-11",
"end_date": "2025-11-18",
"base": "USD",
"rates": {
"2025-11-11": {
"XAU": 0.000485
},
"2025-11-18": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
This endpoint provides insights into how metal prices fluctuate over a specified period. By tracking fluctuations, traders can identify patterns and adjust their strategies accordingly.
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-11",
"end_date": "2025-11-18",
"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 endpoint provides essential data for traders looking to analyze market trends. It returns the opening, highest, lowest, and closing prices for a specified time period, enabling traders to assess market performance effectively.
{
"success": true,
"timestamp": 1763434850,
"base": "USD",
"date": "2025-11-18",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}Carat Endpoint
The Carat endpoint allows users to retrieve gold rates based on carat measurements. This feature is particularly useful for jewelers and consumers looking to understand the value of gold in different purities.
{
"success": true,
"timestamp": 1763434850,
"base": "USD",
"date": "2025-11-18",
"rates": {
"XAU": {
"carat": {
"18": 0.000482,
"22": 0.000482
}
}
},
"unit": "per troy ounce"
}Lowest/Highest Price Endpoint
This endpoint allows users to query the lowest and highest prices for a specified date. This information is crucial for traders looking to understand market volatility and make informed decisions.
{
"success": true,
"timestamp": 1763434850,
"base": "USD",
"date": "2025-11-18",
"rates": {
"XAU": {
"lowest": 0.000481,
"highest": 0.000487
}
},
"unit": "per troy ounce"
}Historical LME Endpoint
The Historical LME endpoint provides access to historical rates for LME symbols dating back to 2008. This feature is essential for traders who require comprehensive historical data for analysis.
{
"success": true,
"timestamp": 1763348450,
"base": "USD",
"date": "2025-11-17",
"rates": {
"XAU": 0.000485
},
"unit": "per troy ounce"
}API Key and Authentication
To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the data.
API Response
The API delivers exchange rates relative to USD by default. All data is returned in a structured JSON format, making it easy for developers to parse and utilize the information in their applications.
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.
Conclusion
The Metals-API is a transformative tool for developers looking to integrate real-time and historical metals data into their applications. By leveraging its various endpoints, users can access critical information about gold and other precious metals, enabling them to make informed trading decisions. The API's capabilities extend beyond mere data retrieval; it empowers developers to innovate and create solutions that enhance the trading experience.
For further exploration of the API's features and to start building your applications, visit the Metals-API Website. With the right tools and data at your fingertips, the possibilities for innovation in the precious metals market are limitless.