Discover Faridabad Gold 18k (FARI-18k) Historical Prices via this API
Discover Faridabad Gold 18k (FARI-18k) Historical Prices via this API
In the ever-evolving landscape of precious metals trading, understanding the historical prices of gold, specifically the Faridabad Gold 18k (FARI-18k), is crucial for investors and developers alike. With the rise of digital transformation in the precious metals market, accessing accurate and real-time data has never been more important. This is where the Metals-API comes into play, providing a robust platform for retrieving historical prices and other valuable insights.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. In recent years, the digital transformation of precious metals has opened new avenues for trading and investment. The integration of data analytics and market insights has enabled traders to make informed decisions based on real-time data. The technological advancements in trading platforms have also revolutionized the way investors interact with the market.
One of the most significant innovations in the gold market is the development of digital asset solutions. These solutions allow for seamless transactions and provide a transparent view of market dynamics. By leveraging data analytics, traders can gain insights into price trends, volatility, and market sentiment, which are essential for effective trading strategies.
Metals-API Overview
The Metals-API is designed to empower developers by providing access to real-time and historical data for various metals, including gold. This API enables the creation of next-generation applications that can analyze market trends, track price fluctuations, and facilitate currency conversions. With a focus on innovation and technological advancement, Metals-API is transforming the way developers interact with precious metals data.
One of the key features of Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can provide updates every 60 minutes, every 10 minutes, or even more frequently. This ensures that traders have access to the most current information, allowing them to make timely decisions.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs, making it a versatile tool for developers. Here are some of the most notable features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rates for all available metals, updated based on your subscription plan. For example, a typical response might look like this:
{
"success": true,
"timestamp": 1764810110,
"base": "USD",
"date": "2025-12-04",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
- Historical Rates Endpoint: Access historical exchange rates for any date since 1999. This is particularly useful for analyzing past market trends. An example response is as follows:
{
"success": true,
"timestamp": 1764723710,
"base": "USD",
"date": "2025-12-03",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
- Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for metals, which is essential for traders looking to execute orders at the best possible prices. A typical response might look like this:
{
"success": true,
"timestamp": 1764810110,
"base": "USD",
"date": "2025-12-04",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
- Convert Endpoint: This endpoint allows you to convert any amount from one metal to another or to/from USD. For instance, if you wanted to convert 1000 USD to gold, the response would be:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1764810110,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
- Time-Series Endpoint: This feature allows you to query the API for daily historical rates between two dates of your choice. This is particularly useful for analyzing trends over time. An example response is:
{
"success": true,
"timeseries": true,
"start_date": "2025-11-27",
"end_date": "2025-12-04",
"base": "USD",
"rates": {
"2025-11-27": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-04": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
- Fluctuation Endpoint: This endpoint provides information about how currencies fluctuate on a day-to-day basis. It can help traders understand market volatility. A sample response is:
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-27",
"end_date": "2025-12-04",
"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: This endpoint provides the open, high, low, and close prices for a specific time period, which is essential for technical analysis. An example response is:
{
"success": true,
"timestamp": 1764810110,
"base": "USD",
"date": "2025-12-04",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
For developers looking to integrate these features into their applications, understanding the API response fields is crucial. Each response contains fields such as success, timestamp, base, date, and rates, which provide essential information for processing and displaying data accurately.
Common Use Cases and Implementation Strategies
Developers can leverage the Metals-API in various ways, including:
- Building trading platforms that require real-time price updates and historical data analysis.
- Creating financial dashboards that visualize trends and fluctuations in precious metal prices.
- Integrating currency conversion features into e-commerce platforms that deal with precious metals.
When implementing the API, developers should consider the following strategies:
- Utilize caching mechanisms to reduce API calls and improve application performance.
- Implement error handling to manage API response errors gracefully.
- Monitor API usage to stay within rate limits and avoid service interruptions.
Security Considerations
When working with APIs, security is paramount. Developers should ensure that:
- API keys are stored securely and not exposed in client-side code.
- HTTPS is used for all API requests to encrypt data in transit.
- Rate limiting is respected to prevent abuse and ensure fair usage of the API.
Conclusion
The Metals-API provides a powerful tool for accessing historical prices and real-time data for precious metals like gold. By leveraging its various endpoints, developers can create innovative applications that enhance trading strategies and market analysis. With a focus on technological advancement and data analytics, the Metals-API is at the forefront of the digital transformation in the precious metals market.
For more information on how to get started, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. Embrace the future of precious metals trading with the Metals-API and unlock the potential of real-time data.