Access Historical Ludhiana Gold 24k (LUDH-24k) Price Data in Different Currencies with this API
Access Historical Ludhiana Gold 24k (LUDH-24k) Price Data in Different Currencies with this API
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for businesses and developers alike. The Metals-API provides a powerful solution for accessing historical and current prices of precious metals, including Gold (XAU), in various currencies. This blog post will delve into how the Metals-API can be utilized to obtain precise Gold prices, explore its innovative features, and discuss potential business applications.
About Gold (XAU)
Gold has long been regarded as a safe-haven asset, particularly during times of economic uncertainty. As digital transformation continues to reshape the financial sector, the integration of data analytics and market insights into precious metals trading is becoming increasingly vital. The Metals-API stands at the forefront of this transformation, offering developers the tools necessary to harness real-time data for innovative applications.
With the rise of digital asset solutions, businesses can leverage accurate Gold pricing data to enhance their trading strategies, optimize investment portfolios, and provide clients with up-to-date market insights. The ability to access Gold prices in different currencies allows for a more comprehensive understanding of market dynamics, enabling businesses to make informed decisions.
API Description
The Metals-API is designed to empower developers by providing a comprehensive suite of endpoints that deliver real-time and historical data for various metals. This API is not just a data provider; it is a transformative tool that enables the creation of next-generation applications. By integrating the Metals-API into their systems, developers can unlock a wealth of possibilities, from building trading platforms to creating financial analysis tools.
One of the standout features of the Metals-API is its ability to deliver accurate pricing data updated at regular intervals, depending on the subscription plan. This ensures that users have access to the most current market information, which is essential for making timely trading decisions.
Key Features and Endpoints
The Metals-API offers a variety of endpoints, each serving a unique purpose and providing valuable data for developers. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for precious metals, updated every 60 minutes, every 10 minutes, or even more frequently, depending on the subscription plan. For example, a typical response might look like this:
{
"success": true,
"timestamp": 1770250879,
"base": "USD",
"date": "2026-02-05",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This data can be used to track the current value of Gold in relation to other metals, providing insights into market trends.
- Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to the API call. This feature is invaluable for businesses looking to analyze past market performance and make predictions based on historical data. An example response might be:
{
"success": true,
"timestamp": 1770164479,
"base": "USD",
"date": "2026-02-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
By utilizing historical data, businesses can identify trends and adjust their strategies accordingly.
- Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals. This information is crucial for traders who need to make quick decisions based on market fluctuations. A typical response might look like this:
{
"success": true,
"timestamp": 1770250879,
"base": "USD",
"date": "2026-02-05",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
This endpoint provides traders with the necessary data to execute trades effectively.
- Convert Endpoint: This endpoint allows users to convert any amount from one currency to another, making it easy to calculate the value of Gold in different currencies. For instance, a response might look like this:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1770250879,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This feature is particularly useful for businesses operating in multiple countries, allowing them to easily assess the value of their assets across different markets.
- Time-Series Endpoint: This endpoint enables users to query the API for daily historical rates between two dates of their choice. This is essential for conducting in-depth market analysis and understanding price movements over time. An example response could be:
{
"success": true,
"timeseries": true,
"start_date": "2026-01-29",
"end_date": "2026-02-05",
"base": "USD",
"rates": {
"2026-01-29": {
"XAU": 0.000485
},
"2026-02-05": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}
By analyzing time-series data, businesses can make informed predictions about future price movements.
- Fluctuation Endpoint: This endpoint provides information about how currencies fluctuate on a day-to-day basis. Understanding these fluctuations can help businesses manage risk and optimize their trading strategies. A typical response might look like this:
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-29",
"end_date": "2026-02-05",
"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 data can be instrumental in developing strategies to mitigate losses during volatile market conditions.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows users to query the API for the open, high, low, and close prices for a specific time period. This information is vital for traders looking to understand market trends and make informed decisions. An example response could be:
{
"success": true,
"timestamp": 1770250879,
"base": "USD",
"date": "2026-02-05",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
By analyzing OHLC data, traders can identify potential entry and exit points for their trades.
- Lowest/Highest Price Endpoint: This endpoint allows users to query the API to get the lowest and highest price for a specified date. This feature is particularly useful for identifying market extremes and making strategic trading decisions. An example response might look like this:
{
"success": true,
"lowest": {
"XAU": 0.000481
},
"highest": {
"XAU": 0.000487
}
}
Understanding the extremes of market prices can help traders set more effective stop-loss orders.
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.
Conclusion
The Metals-API is a powerful tool for developers seeking to access accurate and real-time data on precious metals, including Gold (XAU). With its comprehensive suite of endpoints, businesses can leverage this data to enhance their trading strategies, optimize investment portfolios, and provide clients with valuable market insights. By integrating the Metals-API into their systems, developers can unlock a wealth of possibilities, from building trading platforms to creating financial analysis tools.
For more information on how to implement the Metals-API in your projects, refer to the Metals-API Documentation. This resource provides detailed guidance on utilizing the API's features effectively. The ability to access historical and current Gold prices in different currencies opens up new avenues for businesses to thrive in the competitive financial landscape.