Get Accurate Hyderabad Gold (XAU-HYDE) - Per Ounce Prices in Multiple Currencies with this API
Get Accurate Hyderabad Gold (XAU-HYDE) - Per Ounce Prices in Multiple Currencies with this API
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for businesses and developers alike. The Metals-API provides a robust solution for obtaining precise gold prices, specifically the Hyderabad Gold (XAU-HYDE), in various currencies. This blog post will delve into how Metals-API empowers developers with innovative tools to access gold prices, explore its features, and discuss potential business applications.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of the global financial system. Its value is not just a reflection of market demand but also a safe haven during economic uncertainty. As digital transformation sweeps across industries, the precious metals market is no exception. The integration of technology in trading, data analytics, and market insights is reshaping how investors and businesses approach gold trading.
With the rise of digital asset solutions, understanding the dynamics of gold pricing has become more critical than ever. The Metals-API offers a gateway to real-time data, allowing businesses to innovate in price discovery and enhance their trading strategies. By leveraging advanced data analytics, developers can create applications that provide insights into market trends, helping users make informed decisions.
Metals-API Capabilities
The Metals-API Documentation outlines a comprehensive set of features designed to meet the needs of developers. The API provides access to real-time and historical data, enabling users to build applications that can track gold prices effectively. 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 allows businesses to stay ahead of market fluctuations and adjust their strategies accordingly.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. This feature is invaluable for businesses looking to analyze trends over time and make data-driven decisions.
- Bid And Ask Endpoint: Retrieve real-time bid and ask prices, providing insights into market liquidity and helping traders make informed decisions.
- Convert Endpoint: This endpoint allows users to convert any amount from one currency to another, facilitating seamless transactions across different markets.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling businesses to analyze price movements over specific periods.
- Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, providing insights into market volatility and helping businesses manage risk.
- Carat Endpoint: Retrieve information about gold rates by carat, catering to businesses in the jewelry industry that require precise measurements.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified period, helping businesses identify optimal buying or selling points.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for a specific time period, essential for technical analysis and trading strategies.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a broader context for market analysis.
- 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 includes 14 endpoints, each providing different functionalities tailored to various business needs.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring users have access to the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.
API Endpoint Examples and Responses
Understanding the API's response structure is crucial for effective integration. Below are examples of JSON responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1764893160,
"base": "USD",
"date": "2025-12-05",
"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"
}
This response indicates the success of the request, the timestamp of the data, the base currency (USD), and the rates for various metals, including gold (XAU).
Historical Rates Endpoint
{
"success": true,
"timestamp": 1764806760,
"base": "USD",
"date": "2025-12-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows how to access historical rates, providing valuable data for trend analysis.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-11-28",
"end_date": "2025-12-05",
"base": "USD",
"rates": {
"2025-11-28": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-30": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-05": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response allows users to analyze price movements over a specified period, essential for making informed trading decisions.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1764893160,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The Convert Endpoint facilitates seamless currency conversions, making it easier for businesses to transact across different markets.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-28",
"end_date": "2025-12-05",
"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"
}
This endpoint provides insights into market volatility, helping businesses manage risk effectively.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1764893160,
"base": "USD",
"date": "2025-12-05",
"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"
}
The OHLC data is essential for traders who rely on technical analysis to make informed decisions.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1764893160,
"base": "USD",
"date": "2025-12-05",
"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"
}
This endpoint provides critical information for traders, allowing them to assess market conditions and make timely decisions.
Potential Business Applications
The versatility of the Metals-API opens up numerous business applications across various sectors. Here are some innovative use cases:
- Investment Platforms: Financial institutions can integrate the API into their platforms to provide clients with real-time gold pricing, enhancing user experience and engagement.
- E-commerce: Online jewelry retailers can utilize the Convert Endpoint to display accurate gold prices in multiple currencies, catering to a global audience.
- Market Analysis Tools: Developers can create analytical tools that leverage historical data to forecast gold price trends, aiding investors in making informed decisions.
- Risk Management: Businesses can use the Fluctuation Endpoint to monitor market volatility and adjust their strategies accordingly, minimizing potential losses.
- Educational Platforms: Financial educators can use the API to provide real-time data in courses, helping students understand market dynamics and trading strategies.
Conclusion
The Metals-API is a powerful tool for developers seeking to access accurate Hyderabad Gold (XAU-HYDE) prices in multiple currencies. By leveraging its extensive features, businesses can innovate in trading, enhance user experiences, and make data-driven decisions. The API's capabilities, including real-time rates, historical data, and conversion tools, provide a comprehensive solution for navigating the complexities of the precious metals market.
For more information on how to implement these features, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available currencies. Embrace the future of trading with the Metals-API and unlock the potential of real-time metals data.