Explore Salem Gold 24k (SALE-24k) Historical Prices using an Efficient API

Introduction

In the world of precious metals trading, understanding historical prices is crucial for making informed investment decisions. One of the most sought-after metals is gold, represented by the symbol XAU. With the rise of digital transformation in finance, accessing historical price data has become easier than ever, thanks to innovative solutions like the Metals-API. This blog post will explore how to effectively utilize the Metals-API to access historical prices for gold (XAU) and delve into the broader implications of technology in the precious metals market.

About Gold (XAU)

Gold has been a symbol of wealth and a standard for currency for centuries. In today's digital age, the integration of technology into precious metals trading has transformed how investors access and analyze market data. The XAU symbol represents one troy ounce of gold, and its price is influenced by various factors, including market demand, geopolitical events, and economic indicators.

As digital transformation continues to reshape the financial landscape, data analytics and market insights have become essential tools for traders. By leveraging advanced technologies, investors can gain a competitive edge in price discovery and trading strategies. The Metals-API plays a pivotal role in this transformation, providing real-time and historical data that empowers developers to create next-generation applications.

Metals-API Overview

The Metals-API is a powerful tool designed for developers seeking to integrate metals pricing data into their applications. It offers a comprehensive suite of endpoints that deliver real-time and historical data for various metals, including gold, silver, platinum, and palladium. With a focus on innovation and technological advancement, the Metals-API enables users to access critical market information efficiently.

One of the standout features of the Metals-API is its ability to provide historical rates dating back to 2019. This capability is invaluable for traders looking to analyze trends and make data-driven decisions. The API's endpoints are designed to cater to various use cases, from simple price retrieval to complex data analysis.

Key Features and Endpoints

The Metals-API offers a range of endpoints that provide different functionalities, each tailored to meet the needs of developers and traders alike. Below are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint allows users to retrieve real-time exchange rate data for precious metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who require up-to-the-minute pricing information to make timely decisions.

{
"success": true,
"timestamp": 1764666044,
"base": "USD",
"date": "2025-12-02",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is crucial for analyzing market trends. The Historical Rates Endpoint allows users to query historical exchange rates for any date since 1999. By appending a specific date to the API request, developers can retrieve valuable data for their analyses.

{
"success": true,
"timestamp": 1764579644,
"base": "USD",
"date": "2025-12-01",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Bid and Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for metals. This information is vital for traders looking to execute orders at the best possible prices.

{
"success": true,
"timestamp": 1764666044,
"base": "USD",
"date": "2025-12-02",
"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

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1764666044,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for conducting in-depth analyses of price movements over specific periods.

{
"success": true,
"timeseries": true,
"start_date": "2025-11-25",
"end_date": "2025-12-02",
"base": "USD",
"rates": {
"2025-11-25": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-02": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This data is essential for traders looking to understand market volatility and make informed decisions.

{
"success": true,
"fluctuation": true,
"start_date": "2025-11-25",
"end_date": "2025-12-02",
"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 Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and helps traders identify trends and potential entry and exit points.

{
"success": true,
"timestamp": 1764666044,
"base": "USD",
"date": "2025-12-02",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint allows users to query the API to get the lowest and highest price for a specific date. This feature is beneficial for traders looking to identify price extremes within a given timeframe.

{
"success": true,
"timestamp": 1764666044,
"base": "USD",
"date": "2025-12-02",
"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 endpoint is particularly useful for traders interested in the London Metal Exchange pricing.

{
"success": true,
"timestamp": 1764666044,
"base": "USD",
"date": "2025-12-02",
"rates": {
"XAU": 0.000482
},
"unit": "per troy ounce"
}

API Key and Response

Your API Key is the unique key that is passed into the API base URL's access_key parameter. This key is essential for authenticating your requests and ensuring secure access to the API's features. The API response is delivered in JSON format, with exchange rates typically relative to USD. All data is returned in a structured format, making it easy to integrate into applications.

Practical Use Cases and Integration Strategies

Developers can leverage the Metals-API in various applications, from trading platforms to financial analysis tools. Here are some practical use cases:

• Trading Platforms: Integrate real-time pricing data into trading applications to enable users to make informed decisions based on the latest market trends.
• Market Analysis Tools: Use historical data to create analytical tools that help traders identify patterns and predict future price movements.
• Portfolio Management: Implement features that allow users to track the performance of their precious metals investments over time.

Conclusion

In conclusion, the Metals-API provides a comprehensive solution for accessing historical prices and real-time data for precious metals like gold (XAU). By leveraging its powerful endpoints, developers can create innovative applications that enhance trading strategies and market analysis. The integration of technology in the precious metals market is not just a trend; it is a transformative force that empowers traders with the data they need to succeed.

For more information on how to get started with the Metals-API, refer to the Metals-API Documentation and explore the full range of supported symbols on the Metals-API Supported Symbols page. Embrace the future of precious metals trading with the power of real-time data at your fingertips.