Fetch Guwahati Gold 24k (GUWA-24k) price information using this API
Fetch Guwahati Gold 24k (GUWA-24k) Price Information Using Metals-API
In the ever-evolving landscape of precious metals trading, the ability to access real-time data is crucial for traders, investors, and developers alike. The Metals-API provides a robust solution for fetching gold prices, including the Guwahati Gold 24k (GUWA-24k), along with a plethora of other metal data. This blog post delves into the intricacies of the Metals-API, exploring its capabilities, features, and how it can empower developers to create innovative applications in the precious metals market.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. As the world transitions into a digital era, the trading of precious metals is also undergoing a transformation. Digital platforms are now integrating advanced data analytics and market insights to provide traders with the tools they need to make informed decisions. The integration of technology in trading has led to innovation in price discovery, allowing for more accurate and timely information dissemination.
With the rise of digital asset solutions, gold trading is becoming more accessible. The Metals-API plays a pivotal role in this transformation by providing real-time data that can be leveraged by developers to create applications that cater to the needs of traders and investors. By utilizing the Metals-API, developers can tap into a wealth of information that can enhance trading strategies and improve market analysis.
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. This API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. With its user-friendly interface and comprehensive documentation, the Metals-API is an essential resource for anyone looking to integrate precious metals data into their applications.
For more detailed information, you can visit the Metals-API Documentation, which provides extensive guidance on how to utilize the API effectively.
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. Depending on the plan, you can receive updates every 60 minutes or even every 10 minutes. This is crucial for traders who need to make quick decisions based on the latest market conditions.
- Historical Rates Endpoint: Access historical rates dating back to 2019 for most currencies. By appending a specific date to your query, you can retrieve past data, which is invaluable for trend analysis and forecasting.
- Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for metals, enabling traders to understand the market's current buying and selling prices.
- Convert Endpoint: The conversion endpoint allows you to convert any amount from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is essential for analyzing trends over specific periods.
- Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis, helping traders to understand market volatility.
- Carat Endpoint: Get information about gold rates by carat, which is important for jewelers and buyers looking for specific quality metrics.
- Lowest/Highest Price Endpoint: This endpoint allows you to query the API to get the lowest and highest price for a specified date, which can aid in identifying market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
- API Key: Your unique API key is essential for accessing the API's features securely.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
- Available Endpoints: The Metals-API comes with 14 endpoints, each offering different functionalities to cater to diverse user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you 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.
API Endpoint Examples and Responses
Understanding the API's responses is crucial for effective implementation. Below are examples of various API endpoints and their corresponding JSON responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1764644451,
"base": "USD",
"date": "2025-12-02",
"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": 1764558051,
"base": "USD",
"date": "2025-12-01",
"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": "2025-11-25",
"end_date": "2025-12-02",
"base": "USD",
"rates": {
"2025-11-25": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-27": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-02": {
"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": 1764644451,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"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
},
"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) Price Endpoint
Get OHLC data for a specific time period.
{
"success": true,
"timestamp": 1764644451,
"base": "USD",
"date": "2025-12-02",
"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": 1764644451,
"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
},
"XPT": {
"bid": 0.000911,
"ask": 0.000913,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Conclusion
The Metals-API is an indispensable tool for developers and traders in the precious metals market. By providing real-time and historical data, it enables users to make informed decisions and develop innovative applications that can enhance trading strategies. With features like the latest rates, historical data, and conversion capabilities, the API is designed to meet the diverse needs of its users.
For those interested in exploring the full potential of the Metals-API, I encourage you to visit the Metals-API Website for more information. Additionally, the Metals-API Documentation provides comprehensive guidance on how to effectively utilize the API. Don't forget to check the Metals-API Supported Symbols page to familiarize yourself with the various metal symbols available.
In conclusion, the Metals-API not only simplifies access to precious metals data but also opens up new avenues for innovation and growth in the trading sector. By leveraging this API, developers can create powerful applications that drive the future of precious metals trading.