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Fetch Salem Gold 24k (SALE-24k) prices with this API

Fetch Salem Gold 24k (SALE-24k) prices with this API

Fetch Salem Gold 24k (SALE-24k) prices with this API

Fetch Salem Gold 24k (SALE-24k) Prices with This API

In the ever-evolving landscape of precious metals trading, the ability to access real-time data is paramount. The Metals-API provides developers with a powerful tool to fetch current and historical prices for various metals, including Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD). This blog post will delve into the capabilities of the Metals-API, focusing on how it can be utilized to fetch Salem Gold 24k prices and other relevant market insights.

Metals-API Information

About Gold (XAU)

Gold has long been a symbol of wealth and a safe haven asset. As the world embraces digital transformation, the precious metals market is also evolving. The integration of data analytics and technology in trading has revolutionized how investors approach gold trading. With the rise of digital asset solutions, the demand for real-time data has surged, making APIs like Metals-API essential for developers looking to innovate in price discovery.

The Metals-API not only provides access to current gold prices but also offers insights into market trends through historical data. This is crucial for traders who rely on data analytics to make informed decisions. By leveraging the API, developers can create applications that analyze price movements, track fluctuations, and provide users with actionable insights.

API Description

The Metals-API is designed to empower developers by providing real-time metals data. With its innovative capabilities, the API allows for seamless integration into various applications, enabling users to access up-to-date information on metal prices. This transformative potential is particularly beneficial for those in the financial sector, as it enhances trading strategies and decision-making processes.

For detailed information on how to implement the API, developers can refer to the Metals-API Documentation. This resource provides comprehensive guidance on utilizing the API effectively, including endpoint descriptions, parameter details, and example responses.

Key Features and Endpoints

The Metals-API offers a range of endpoints that cater to various needs in the metals trading space. Here are some of the key features:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This is essential for traders who need the latest market information to make timely decisions.
  • Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a date to your query, you can retrieve past prices, which is invaluable for trend analysis and forecasting.
  • Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices, providing insight into the current market sentiment and liquidity.
  • Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert any amount from one currency to another, which is particularly useful for international traders.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This is beneficial for analyzing price trends over specific periods.
  • Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis, helping traders understand volatility and market dynamics.
  • Carat Endpoint: Get information about gold rates by carat, which is essential for jewelers and consumers interested in specific gold purities.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, which is crucial for technical analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is useful for understanding long-term trends.
  • API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
  • API Response: Exchange rates are delivered relative to USD by default, with all data returned in a structured JSON format.
  • Available Endpoints: The API comes with a comprehensive list of endpoints, each providing different functionalities.
  • Supported Symbols Endpoint: This endpoint returns all available currencies, allowing developers to stay updated on the symbols they can query.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, catering to a specific market segment.
  • News Endpoint: Get the latest news articles related to various metals, keeping users 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 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": 1745211613,
    "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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1745125213,
    "base": "USD",
    "date": "2025-04-20",
    "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": "2025-04-14",
    "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"
}

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": 1745211613,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "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"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1745211613,
    "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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1745211613,
    "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"
}

Conclusion

The Metals-API is an invaluable resource for developers looking to integrate real-time metals data into their applications. With its comprehensive range of endpoints, the API provides the tools necessary to fetch current and historical prices, track fluctuations, and analyze market trends. By leveraging the capabilities of the Metals-API, developers can create innovative solutions that enhance trading strategies and empower users with actionable insights.

For more information on how to get started, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation. Don't forget to check the Metals-API Supported Symbols page to familiarize yourself with the various metal symbols available for querying.

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