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Fetch current Meerut Gold 24k (MEER-24k) prices through this API

Fetch current Meerut Gold 24k (MEER-24k) prices through this API

Fetch current Meerut Gold 24k (MEER-24k) prices through this API

Fetch Current Meerut Gold 24k (MEER-24k) Prices Through This API

In today's fast-paced financial landscape, the demand for real-time data on precious metals has surged, particularly for gold. Developers and traders alike are seeking reliable sources to fetch current prices, and the Metals-API stands out as a robust solution. This blog post will delve into the capabilities of the Metals-API, focusing on how it can be utilized to fetch the current prices of gold, specifically the 24k gold in Meerut, and explore the broader implications of digital transformation in the precious metals market.

Understanding Gold (XAU)

Gold, represented by the symbol XAU, has been a cornerstone of wealth and investment for centuries. As a precious metal, it is not only a physical commodity but also a digital asset in today's trading environment. The integration of technology in trading has revolutionized how investors access market insights and analytics. With the rise of data analytics, traders can now make informed decisions based on real-time data, enhancing their ability to respond to market fluctuations.

The digital transformation in precious metals trading has led to innovative solutions for price discovery. The Metals-API provides developers with the tools to build applications that can track gold prices in real-time, analyze historical trends, and even convert currencies seamlessly. This API empowers users to harness the power of data analytics, enabling them to gain insights into market behavior and make strategic investment decisions.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including gold, silver, platinum, and palladium. Its innovative capabilities allow developers to create next-generation applications that can fetch current prices, analyze trends, and convert currencies with ease. The API's transformative potential lies in its ability to deliver real-time metals data, which is crucial for traders and investors looking to stay ahead in the market.

For comprehensive details on how to implement the API, developers can refer to the Metals-API Documentation. This resource provides in-depth guidance on the various endpoints available, ensuring that developers can effectively integrate the API into their applications.

Key Features and Endpoints

The Metals-API offers a range of endpoints that cater to different needs within the precious metals market. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on the subscription plan. This feature is essential for traders who need the most current pricing information.
  • Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API call. This feature is invaluable for analyzing trends and making informed decisions based on past performance.
  • 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 API includes a currency conversion feature, enabling users to convert amounts from one currency to another seamlessly. This is particularly useful for traders operating in multiple currencies.
  • Time-Series Endpoint: This endpoint allows users to query daily historical rates between two chosen dates, facilitating trend analysis over specific periods.
  • Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders make timely decisions.
  • Carat Endpoint: This feature allows users to retrieve gold rates by carat, catering to specific market needs and preferences.
  • Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, aiding in market analysis and decision-making.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, essential for traders analyzing market performance.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
  • API Key: Each user is assigned a unique API key, which is essential for accessing the API's features securely.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data representation.
  • Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring users have access to the latest information.
  • Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold prices specifically for India, catering to local market needs.
  • News Endpoint: Users can access the latest news articles related to various metals, keeping them informed about market developments.

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 essential for developers looking to integrate specific metal data into their applications.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective integration. Here are examples of various endpoints and their responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1745208017,
    "base": "USD",
    "date": "2025-04-21",
    "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 a successful request, providing the current exchange rates for various metals relative to USD. The "rates" object contains the prices for gold (XAU), silver (XAG), and other metals, allowing developers to display this information in their applications.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1745121617,
    "base": "USD",
    "date": "2025-04-20",
    "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 a specific date. The response structure is similar to the latest rates, providing valuable data for trend analysis.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-14",
    "end_date": "2025-04-21",
    "base": "USD",
    "rates": {
        "2025-04-14": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-16": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-21": {
            "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 developers to visualize trends and fluctuations in metal prices.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745208017,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This endpoint allows users to convert a specified amount from one currency to another. The response includes the conversion rate and the result, making it easy for developers to implement currency conversion features in their applications.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-14",
    "end_date": "2025-04-21",
    "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 have changed over a specified period. This information is crucial for traders looking to understand market volatility and make informed decisions.

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

{
    "success": true,
    "timestamp": 1745208017,
    "base": "USD",
    "date": "2025-04-21",
    "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 provides the open, high, low, and close prices for a specific date, allowing traders to analyze market performance effectively.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1745208017,
    "base": "USD",
    "date": "2025-04-21",
    "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 provides current bid and ask prices, which are essential for traders looking to execute orders at optimal prices.

Conclusion

The Metals-API is a powerful resource for developers seeking to integrate real-time and historical data on precious metals into their applications. With its extensive range of endpoints, including the latest rates, historical data, and conversion capabilities, the API empowers users to make informed trading decisions. By leveraging the innovative features of the Metals-API, developers can create applications that not only provide current prices but also analyze trends, track fluctuations, and convert currencies seamlessly.

As the market for precious metals continues to evolve, the importance of real-time data and analytics cannot be overstated. The Metals-API stands at the forefront of this digital transformation, offering developers the tools they need to succeed in a competitive landscape. For more information on how to get started, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.

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