Retrieve ProShares Ultra Gold (UGL) prices in real-time through this API

Retrieve ProShares Ultra Gold (UGL) Prices in Real-Time Through This API

In the dynamic world of precious metals trading, having access to real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools necessary to retrieve the latest prices for metals like Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD) through a robust API. This blog post will delve into the capabilities of the Metals-API, focusing on how it can be utilized to access real-time Gold prices and other essential market data.

About Gold (XAU)

Gold has long been considered a safe haven asset and a hedge against inflation. In recent years, the digital transformation in precious metals trading has revolutionized how investors access and analyze market data. With the integration of advanced data analytics and technology, traders can now gain deeper insights into market trends and price movements.

The rise of digital asset solutions has further enhanced the trading landscape, allowing for innovative price discovery methods. As a result, the demand for real-time data has surged, making APIs like Metals-API indispensable for developers looking to build next-generation applications in the financial sector.

API Description

The Metals-API is designed to provide developers with real-time and historical data on various metals. This API empowers users to build applications that can track prices, analyze trends, and make informed trading decisions. With its innovative features, the Metals-API stands out as a transformative tool in the world of metals trading.

One of the key advantages of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return the latest rates updated every 60 minutes, every 10 minutes, or even more frequently. This flexibility allows developers to tailor their applications to meet specific user needs.

Moreover, the API provides access to historical rates dating back to 2019, enabling users to analyze trends over time. By appending a date to the API request, developers can retrieve historical data that can be invaluable for market analysis and forecasting.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to serve different purposes. Here are some of the most notable features:

Latest Rates Endpoint: This endpoint provides real-time exchange rate data for all available metals. For example, a request to this endpoint might return the current price of Gold (XAU) as well as other metals like Silver (XAG) and Platinum (XPT).
Historical Rates Endpoint: Users can access historical exchange rates for any date since 2019. This feature is particularly useful for traders looking to analyze past performance and make predictions based on historical data.
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 conversion endpoint enables users to convert amounts from one metal to another or to/from USD, facilitating seamless transactions across different currencies.
Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, making it easier to analyze trends over specific periods.
Fluctuation Endpoint: Users can track how metal prices fluctuate over time, providing valuable insights into market volatility and trends.
Carat Endpoint: This feature allows users to retrieve information about Gold rates by carat, which is essential for jewelers and buyers of precious metals.
Lowest/Highest Price Endpoint: This endpoint enables users to query the API to get the lowest and highest prices for a specified date, helping traders identify 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 users to analyze long-term trends in the metals market.
API Key: Each user is assigned a unique API key that must be included in requests to authenticate and authorize access to the API.
API Response: The API returns exchange rates relative to USD by default, ensuring consistency in data presentation.
Available Endpoints: The Metals-API comes with a comprehensive list of endpoints, each providing different functionalities tailored to user needs.
Supported Symbols Endpoint: This endpoint returns all available metal symbols, ensuring users can easily find the data they need.
Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, catering to regional market needs.
News Endpoint: The API allows users to access the latest news articles related to various metals, keeping traders informed about market developments.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, here are some example responses for key endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1749967210,
    "base": "USD",
    "date": "2025-06-15",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

This response indicates that the current price of Gold (XAU) is 0.000482 per troy ounce, along with prices for Silver (XAG), Platinum (XPT), and Palladium (XPD).

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1749880810,
    "base": "USD",
    "date": "2025-06-14",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

This example shows historical rates for Gold, Silver, and Platinum on a specific date, allowing users to analyze past market performance.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-08",
    "end_date": "2025-06-15",
    "base": "USD",
    "rates": {
        "2025-06-08": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-06-10": {
            "XAU": 0.000483,
            "XAG": 0.0382
        },
        "2025-06-15": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

This response provides daily historical rates for Gold and Silver over a specified period, enabling users to visualize trends.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749967210,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The Convert Endpoint allows users to convert a specified amount from USD to Gold (XAU), showing that $1000 is equivalent to 0.482 troy ounces of Gold.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-08",
    "end_date": "2025-06-15",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

This endpoint tracks the fluctuation of Gold prices over a specified period, providing insights into market volatility.

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

{
    "success": true,
    "timestamp": 1749967210,
    "base": "USD",
    "date": "2025-06-15",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

This response provides the OHLC data for Gold on a specific date, which is essential for traders conducting technical analysis.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1749967210,
    "base": "USD",
    "date": "2025-06-15",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

The Bid/Ask Endpoint provides current bid and ask prices for Gold, which is crucial for traders looking to execute buy or sell orders.

Conclusion

The Metals-API is an invaluable resource for developers looking to access real-time and historical data on precious metals. With its extensive range of features, including the ability to retrieve latest rates, historical data, bid/ask prices, and more, this API empowers users to build sophisticated applications that can analyze market trends and make informed trading decisions.

For more information on how to implement these features, refer to the Metals-API Documentation, which provides comprehensive guidance on using the API effectively. Additionally, you can explore the Metals-API Supported Symbols page to find a complete list of available metal symbols.

As the world of precious metals continues to evolve, leveraging real-time data through APIs like Metals-API will be essential for staying competitive in the market. Whether you are a trader, developer, or financial analyst, understanding how to utilize this API can significantly enhance your ability to navigate the complexities of the metals market.

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Retrieve ProShares Ultra Gold (UGL) prices in real-time through this API