Get Accurate Salem Gold 24k (SALE-24k) Prices in Different Currencies Using this API
Get Accurate Salem Gold 24k (SALE-24k) Prices in Different Currencies Using this API
In today's rapidly evolving financial landscape, having access to accurate and real-time data is crucial for businesses and developers alike. The Metals-API provides a powerful solution for obtaining precise gold prices, specifically the Salem Gold 24k (SALE-24k), in various currencies. This blog post will explore how the Metals-API can transform the way you access and utilize precious metals data, focusing on gold (XAU) and its implications for digital transformation, data analytics, and market insights.
About Gold (XAU)
Gold has long been regarded as a safe-haven asset, especially during times of economic uncertainty. Its value is not only a reflection of market demand but also influenced by geopolitical factors, inflation rates, and currency fluctuations. The digital transformation in precious metals trading has opened up new avenues for investors and businesses to leverage data analytics for better decision-making. By integrating technology into trading practices, companies can gain deeper insights into market trends and price discovery.
The Metals-API allows developers to access real-time gold prices, enabling them to build innovative applications that can track market movements, analyze historical data, and provide users with actionable insights. This API empowers businesses to create digital asset solutions that can enhance their trading strategies and improve overall efficiency.
API Description
The Metals-API is designed to provide developers with a comprehensive suite of tools for accessing real-time and historical metals data. With its innovative capabilities, the API enables the creation of next-generation applications that can transform how businesses interact with precious metals markets. The API supports various endpoints, each tailored to specific functionalities, allowing users to retrieve the information they need efficiently.
For more detailed information on how to implement these features, refer to the Metals-API Documentation.
Key Features and Endpoints
The Metals-API offers a range of endpoints that cater to different business needs. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data for gold and other metals, updated every 60 minutes or even more frequently. This feature is essential for businesses that require up-to-the-minute pricing information to make informed trading decisions.
- Historical Rates Endpoint: Access historical rates for gold dating back to 2019. This endpoint allows users to analyze past market trends and make predictions based on historical data. By appending a specific date to the API request, developers can retrieve valuable insights into how gold prices have fluctuated over time.
- Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for gold. Understanding the spread between these prices is crucial for traders looking to optimize their buying and selling strategies.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint that allows users to convert any amount from one currency to another. This feature is particularly useful for businesses operating in multiple countries, as it simplifies the process of pricing gold in different currencies.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice. By analyzing time-series data, businesses can identify trends and make data-driven decisions.
- Fluctuation Endpoint: Track how gold prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders to adjust their strategies accordingly.
- Carat Endpoint: Retrieve information about gold rates by carat. This feature is essential for jewelers and businesses that deal with gold in various purities.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price of gold for a specified date. This information is vital for traders looking to identify optimal buying and selling points.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for gold prices over a specific time period. This endpoint is particularly useful for technical analysis and trading strategies.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008. This feature is beneficial for businesses that require long-term data for analysis.
- API Key: Your API Key is essential for accessing the Metals-API. It is passed into the API base URL's access_key parameter to authenticate your requests.
- API Response: The exchange rates delivered by the Metals-API are relative to USD by default. Understanding the structure of the API response is crucial for developers to effectively utilize the data.
- Available Endpoints: The Metals-API comes with 14 different endpoints, each providing unique functionalities tailored to various business needs.
- Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available currencies and metals, ensuring that users have access to the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, providing context and insights into market movements.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API responses for different endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1769646189,
"base": "USD",
"date": "2026-01-29",
"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 provides the latest exchange rates for gold (XAU) and other metals, allowing developers to integrate this data into their applications seamlessly.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1769559789,
"base": "USD",
"date": "2026-01-28",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This endpoint allows users to access historical rates, which can be invaluable for market analysis and forecasting.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2026-01-22",
"end_date": "2026-01-29",
"base": "USD",
"rates": {
"2026-01-22": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-24": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-29": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
With the time-series endpoint, businesses can analyze price movements over a specific period, aiding in strategic planning and investment decisions.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1769646189,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This endpoint simplifies currency conversion, making it easier for businesses to price their products in different currencies.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-22",
"end_date": "2026-01-29",
"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"
}
Tracking fluctuations in gold prices can help traders adjust their strategies based on market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1769646189,
"base": "USD",
"date": "2026-01-29",
"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"
}
OHLC data is essential for traders who rely on technical analysis to make informed decisions.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1769646189,
"base": "USD",
"date": "2026-01-29",
"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"
}
Understanding bid and ask prices is crucial for traders looking to optimize their transactions.
Conclusion
The Metals-API provides a comprehensive and innovative solution for accessing accurate gold prices in various currencies, including Salem Gold 24k (SALE-24k). By leveraging the API's extensive features, developers can create applications that enhance trading strategies, improve market analysis, and drive business growth. With endpoints that offer real-time data, historical insights, and conversion capabilities, the Metals-API is an invaluable tool for anyone involved in the precious metals market.
For further exploration of the API's capabilities, visit the Metals-API Supported Symbols page to view the complete list of available metals and currencies. By integrating this powerful API into your applications, you can stay ahead in the competitive world of precious metals trading.