Get Accurate ProShares UltraShort Gold (GLL) Prices in USD, EUR, and GBP with this API
Get Accurate ProShares UltraShort Gold (GLL) Prices in USD, EUR, and GBP with this API
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools to access precise prices for ProShares UltraShort Gold (GLL) and other metals in various currencies, including USD, EUR, and GBP. This blog post will explore how Metals-API empowers businesses and developers to leverage real-time metals data, enhancing their trading strategies and market insights.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of the financial markets. Its value is influenced by a myriad of factors, including geopolitical events, economic indicators, and market sentiment. As the world undergoes digital transformation, the integration of technology in precious metals trading has become increasingly vital. The ability to analyze data and gain market insights is essential for traders and investors alike.
Metals-API stands at the forefront of this transformation, providing a robust platform for accessing real-time gold prices and historical data. By utilizing advanced data analytics, developers can create applications that offer innovative solutions for price discovery and trading strategies. The API's capabilities allow for seamless integration into existing systems, enabling businesses to harness the power of real-time data for better decision-making.
API Description
The Metals-API is designed to provide developers with comprehensive access to metals pricing data. With its user-friendly interface and extensive documentation, developers can easily integrate the API into their applications. The API supports various endpoints, each tailored to meet specific needs, from retrieving the latest rates to accessing historical data.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return updates every 60 minutes, every 10 minutes, or even more frequently. This ensures that users have access to the most current prices, which is critical for trading decisions.
Additionally, the API offers a Convert Endpoint, allowing users to convert amounts between different currencies or metals. This feature is particularly useful for traders who operate in multiple markets and need to quickly assess the value of their assets in different currencies.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints that cater to different data needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rates for all available metals. For example, a request to this endpoint might return the current price of gold in USD, EUR, and GBP, allowing traders to make quick decisions based on the latest market conditions.
- Historical Rates Endpoint: Users can access historical rates dating back to 2019. This is invaluable for analyzing trends and making informed predictions about future price movements. By appending a specific date to the API request, developers can retrieve historical data for any given day.
- Bid and Ask Endpoint: This feature enables users to retrieve real-time bid and ask prices for metals. Understanding the spread between these prices is crucial for traders looking to optimize their entry and exit points in the market.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two specified dates. This is particularly useful for conducting in-depth market analysis and identifying patterns over time.
- Fluctuation Endpoint: Users can track how currencies fluctuate on a day-to-day basis. This feature provides insights into market volatility, helping traders to adjust their strategies accordingly.
- Carat Endpoint: For those interested in gold jewelry, this endpoint provides information about gold rates by carat. This is essential for businesses in the jewelry industry that need to price their products accurately.
- Lowest/Highest Price Endpoint: This endpoint allows users to query the API for the lowest and highest prices of metals over a specified period. This information is critical for traders looking to identify potential buying or selling opportunities.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can retrieve open, high, low, and close prices for a specific time period. This data is essential for technical analysis and helps traders make informed decisions based on historical performance.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008. This is particularly useful for businesses involved in trading metals on the London Metal Exchange.
- News Endpoint: The API also includes a news endpoint that allows users to retrieve the latest news articles related to various metals. Staying informed about market developments is crucial for traders and investors.
API Endpoint Examples and Responses
To illustrate the capabilities of the Metals-API, here are some example responses from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1767831840,
"base": "USD",
"date": "2026-01-08",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
{
"success": true,
"timestamp": 1767745440,
"base": "USD",
"date": "2026-01-07",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2026-01-01",
"end_date": "2026-01-08",
"base": "USD",
"rates": {
"2026-01-01": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-03": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-08": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767831840,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-01",
"end_date": "2026-01-08",
"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
{
"success": true,
"timestamp": 1767831840,
"base": "USD",
"date": "2026-01-08",
"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
{
"success": true,
"timestamp": 1767831840,
"base": "USD",
"date": "2026-01-08",
"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"
}
Potential Business Applications
The applications of the Metals-API are vast and varied. Here are some potential use cases:
- Trading Platforms: Developers can integrate the Metals-API into trading platforms to provide users with real-time pricing information, enhancing the trading experience and enabling users to make informed decisions.
- Financial Analysis Tools: Analysts can use the API to build tools that analyze historical price trends, helping investors to identify potential investment opportunities in the metals market.
- Market Research: Businesses can leverage the API to gather data for market research, allowing them to understand market dynamics and consumer behavior related to precious metals.
- Risk Management Solutions: Companies can develop risk management tools that utilize real-time data to help businesses hedge against price fluctuations in the metals market.
Conclusion
The Metals-API is a powerful tool for developers and businesses looking to access accurate and real-time metals pricing data. With its extensive range of endpoints and capabilities, the API empowers users to build innovative applications that enhance trading strategies and market insights. By leveraging the API's features, businesses can stay ahead of market trends and make informed decisions based on real-time data.
For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. Embrace the future of trading with the Metals-API and unlock the potential of real-time metals data.