Access Raipur Gold 22k (RAIP-22k) market data through this API
Access Raipur Gold 22k (RAIP-22k) Market Data Through This API
In today's rapidly evolving financial landscape, the demand for real-time data on precious metals, particularly gold, has surged. The Metals-API provides developers with the tools necessary to access comprehensive market data, including the latest rates, historical trends, and conversion capabilities for gold and other metals. This blog post will delve into the intricacies of the XAU symbol, which represents gold, and explore how the Metals-API can be leveraged to gain insights into the gold market.
About Gold (XAU)
Gold, represented by the symbol XAU, is not just a metal; it is a symbol of wealth, stability, and a hedge against inflation. As digital transformation sweeps across industries, the precious metals market is no exception. The integration of data analytics and technology into trading practices has revolutionized how investors and traders approach gold. With the rise of digital asset solutions, the ability to access real-time data on gold prices has become crucial for making informed decisions.
The Metals-API plays a pivotal role in this transformation by providing developers with the ability to build applications that can analyze market trends, track price fluctuations, and even convert currencies seamlessly. The API's innovative features empower users to harness the power of data analytics, enabling them to gain deeper insights into market dynamics and make strategic investment decisions.
API Description
The Metals-API is a powerful tool designed for developers seeking to access real-time and historical data on precious metals. It offers a wide range of functionalities, including the ability to retrieve the latest exchange rates, historical data, and even perform currency conversions. The API's capabilities are designed to support the development of next-generation applications that require accurate and timely metals data.
For more information, visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on implementation.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints, each designed to cater to specific needs within the metals market. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for gold and other metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This feature is essential for traders who need to stay updated on market movements.
- Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve past exchange rates, allowing for in-depth analysis of market trends over time.
- Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for gold and other metals. Understanding these prices is crucial for traders looking to execute buy or sell orders effectively.
- Convert Endpoint: The conversion endpoint allows users to convert any amount from one metal to another or to/from USD. This is particularly useful for investors looking to diversify their portfolios across different metals.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is invaluable for conducting trend analysis and forecasting future price movements.
- Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders make informed decisions.
- Carat Endpoint: Retrieve information about gold rates by carat. This feature is essential for jewelers and consumers looking to understand the value of gold based on its purity.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for gold over a specified period. This information is critical for identifying market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Get the open, high, low, and close prices for gold over a specific time period. This data is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for those involved in industrial metals.
- API Key: Your unique API key is required to access the API's functionalities. This key must be included in your requests to authenticate your access.
- API Response: The API delivers exchange rates relative to USD by default. Understanding the structure of the API response is crucial for developers to effectively utilize the data.
- Available Endpoints: The Metals-API offers 14 different endpoints, each providing unique functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring users have access to the most up-to-date information on supported symbols.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Understanding the API responses is crucial for developers looking to integrate the Metals-API into their applications. Here are some examples of the API responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1761616933,
"base": "USD",
"date": "2025-10-28",
"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 response indicates that the API call was successful, providing the latest rates for various metals, including gold (XAU). The data is presented in a clear format, making it easy for developers to parse and utilize.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1761530533,
"base": "USD",
"date": "2025-10-27",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This endpoint allows users to access historical rates for specific dates, providing valuable insights into past market performance.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-10-21",
"end_date": "2025-10-28",
"base": "USD",
"rates": {
"2025-10-21": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-10-23": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-10-28": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint provides a historical view of rates over a specified period, allowing for trend analysis and forecasting.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1761616933,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This endpoint is particularly useful for users looking to convert amounts between different metals or currencies, providing a straightforward response that includes the conversion rate and result.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-21",
"end_date": "2025-10-28",
"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 change over time, which is essential for traders looking to capitalize on market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1761616933,
"base": "USD",
"date": "2025-10-28",
"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 endpoint is crucial for traders who rely on technical analysis, as it provides the necessary data to assess market performance over a specific period.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1761616933,
"base": "USD",
"date": "2025-10-28",
"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 is essential for understanding the current market conditions and making informed trading decisions.
Conclusion
The Metals-API provides a robust framework for accessing real-time and historical data on precious metals, particularly gold. With its extensive range of endpoints, developers can build applications that offer valuable insights into market trends, price fluctuations, and conversion capabilities. By leveraging the power of data analytics and technology integration, traders and investors can make informed decisions in a rapidly changing market.
For more information on how to implement the Metals-API in your applications, refer to the Metals-API Documentation. Additionally, explore the Metals-API Supported Symbols page for a comprehensive list of available metal symbols.
As the precious metals market continues to evolve, staying informed and utilizing innovative tools like the Metals-API will be crucial for success. Embrace the digital transformation in precious metals trading and unlock the potential of real-time data to enhance your investment strategies.