Fetch Gold (NYM $/ozt) Front Month (GC1) Historical Prices through this API

Introduction

In the world of finance and investment, the demand for accurate and timely data is paramount, especially when it comes to precious metals like gold. The Fetch Gold (NYM $/ozt) Front Month (GC1) historical prices can be accessed through the Metals-API, a powerful tool that provides real-time and historical data for various metals. This blog post will explore the intricacies of gold pricing, the transformative potential of the Metals-API, and how developers can leverage this API to gain insights into historical prices and market trends.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. In recent years, the digital transformation in precious metals has revolutionized how investors and traders interact with gold markets. The integration of data analytics and market insights has enabled stakeholders to make informed decisions based on real-time data. With the rise of technology in trading, innovations in price discovery have become essential for understanding market dynamics.

As a digital asset, gold is now more accessible than ever. The Metals-API plays a crucial role in this transformation, providing developers with the tools necessary to build next-generation applications that can analyze and visualize gold pricing trends. By utilizing the API, developers can create solutions that not only track prices but also predict market movements based on historical data.

API Description

The Metals-API is designed to empower developers with real-time and historical metals data. It offers a range of endpoints that provide access to various functionalities, including the latest rates, historical prices, and conversion capabilities. The API is built with innovation in mind, allowing for seamless integration into applications that require accurate metals pricing.

One of the standout features of the Metals-API is its ability to deliver real-time data. Depending on your subscription plan, the API can provide updates every 60 minutes, every 10 minutes, or even more frequently. This level of detail is crucial for traders who need to make quick decisions based on the latest market conditions.

For developers looking to dive deeper into the capabilities of the Metals-API, comprehensive documentation is available at the Metals-API Documentation. This resource provides detailed information on how to implement the API effectively, including examples and best practices.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. For instance, if you are tracking gold prices, you can receive the latest rates for XAU, allowing you to make informed trading decisions.
• Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. By appending a specific date to your request, you can access past gold prices, which is invaluable for trend analysis and forecasting.
• Bid and Ask Endpoint: This feature enables you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The conversion endpoint allows you to convert any amount from one metal to another or to/from USD, making it easy to calculate the value of your investments.
• Time-Series Endpoint: This endpoint allows you to query the API for daily historical rates between two dates of your choice, facilitating in-depth analysis of price movements over time.
• Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, providing insights into market volatility and trends.
• Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers interested in the purity of gold.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date, helping you understand market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, essential for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is beneficial for those interested in industrial metals.
• API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The Metals-API offers a comprehensive list of endpoints, each designed to provide specific functionalities.
• Supported Symbols Endpoint: This endpoint returns all available currencies, allowing developers to stay updated on the symbols they can use.
• Gold Price India Endpoint: Retrieve the latest gold price in India, catering to a global audience.
• News Endpoint: Stay informed with the latest news articles related to various metals, enhancing your market awareness.

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 multiple metals into their applications.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1748415678,
    "base": "USD",
    "date": "2025-05-28",
    "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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1748329278,
    "base": "USD",
    "date": "2025-05-27",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-21",
    "end_date": "2025-05-28",
    "base": "USD",
    "rates": {
        "2025-05-21": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-23": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-28": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1748415678,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-21",
    "end_date": "2025-05-28",
    "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"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1748415678,
    "base": "USD",
    "date": "2025-05-28",
    "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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1748415678,
    "base": "USD",
    "date": "2025-05-28",
    "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"
}

Conclusion

The Metals-API is a game-changer for developers looking to integrate precious metals data into their applications. With its extensive range of endpoints, including the ability to fetch historical prices for gold (XAU), the API empowers users to make data-driven decisions in real-time. By leveraging the capabilities of the Metals-API, developers can create innovative solutions that enhance market analysis, trading strategies, and investment decisions.

For those interested in exploring the full potential of the Metals-API, I encourage you to visit the Metals-API Website and dive into the Metals-API Documentation for detailed guidance on implementation. Understanding the various endpoints and their functionalities will enable you to harness the power of real-time metals data effectively.

In summary, the integration of technology in the precious metals market is not just a trend; it is a necessity for those who wish to stay ahead in a rapidly evolving financial landscape. The Metals-API stands at the forefront of this transformation, offering developers the tools they need to succeed.