Get Chennai Gold 22k (CHEN-22k) Price Data for Analysis using this API

In the ever-evolving landscape of precious metals trading, the demand for accurate and real-time data has never been more critical. For developers and analysts looking to obtain historical prices for gold, particularly the Chennai Gold 22k (CHEN-22k), the Metals-API offers a robust solution. This blog post delves into the capabilities of the Metals-API, focusing on how to retrieve historical price data and the innovative features that make it an essential tool for data analytics in the precious metals market.

About Gold (XAU)

Gold, represented by the symbol XAU, is not just a commodity; it is a symbol of wealth and stability. In recent years, the digital transformation in precious metals has led to a surge in data analytics and market insights. The integration of technology in trading has revolutionized how investors and traders access and interpret market data. With the rise of digital asset solutions, the demand for accurate gold pricing has intensified, making APIs like Metals-API indispensable.

As the market for gold continues to evolve, understanding the dynamics of price discovery and the factors influencing gold prices is crucial. The Metals-API provides developers with the tools to innovate and create applications that can analyze market trends, track fluctuations, and make informed trading decisions. By leveraging real-time data, developers can build next-generation applications that enhance trading strategies and optimize investment portfolios.

API Description

The Metals-API is a powerful tool designed for developers seeking to access real-time and historical data for various metals, including gold. This API empowers users to build applications that can analyze market trends, track price fluctuations, and provide insights into the precious metals market. With its user-friendly interface and comprehensive documentation, the Metals-API simplifies the process of retrieving and utilizing metal price data.

One of the standout features of the Metals-API is its ability to deliver real-time data, allowing developers to create applications that respond to market changes instantly. The API supports a wide range of endpoints, each tailored to meet specific data needs, from the latest rates to historical trends. For more information on how to get started, visit the Metals-API Documentation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different data requirements. Here are some of the key features:

Latest Rates Endpoint: This endpoint provides real-time exchange rate data updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes, ensuring that you have the most current data at your fingertips.
Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve gold prices for any past date, making it an invaluable resource for trend analysis.
Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: Easily convert any amount from one metal to another or to/from USD. This endpoint simplifies the process of currency conversion, making it easier to analyze prices in different currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is particularly useful for analyzing trends over specific periods.
Fluctuation Endpoint: Track how prices fluctuate on a day-to-day basis, providing insights into market volatility and price trends.
Carat Endpoint: Retrieve information about gold rates by carat, allowing for more precise pricing based on quality.
Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for gold over a specified period, aiding in market analysis.
Open/High/Low/Close (OHLC) Price Endpoint: Get open, high, low, and close prices for a specific time period, essential for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals supported by the API.
Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, crucial for local market analysis.
News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various endpoints and their expected responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1748707213,
    "base": "USD",
    "date": "2025-05-31",
    "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": 1748620813,
    "base": "USD",
    "date": "2025-05-30",
    "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": "2025-05-24",
    "end_date": "2025-05-31",
    "base": "USD",
    "rates": {
        "2025-05-24": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-26": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-31": {
            "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": 1748707213,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-24",
    "end_date": "2025-05-31",
    "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": 1748707213,
    "base": "USD",
    "date": "2025-05-31",
    "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": 1748707213,
    "base": "USD",
    "date": "2025-05-31",
    "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 a powerful resource for developers seeking to access real-time and historical data for precious metals like gold. By utilizing the various endpoints, developers can create applications that provide valuable insights into market trends, price fluctuations, and trading strategies. Whether you are looking to analyze historical prices for Chennai Gold 22k (CHEN-22k) or track real-time market data, the Metals-API offers the tools necessary for comprehensive analysis.

For more detailed information on the capabilities of the Metals-API, be sure to check out the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. With the right tools and data, you can enhance your trading strategies and make informed decisions in the dynamic world of precious metals.

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Get Chennai Gold 22k (CHEN-22k) Price Data for Analysis using this API