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Get Coimbatore Gold 24k (COIM-24k) prices for multiple currencies using this API

Get Coimbatore Gold 24k (COIM-24k) prices for multiple currencies using this API

Get Coimbatore Gold 24k (COIM-24k) prices for multiple currencies using this API

Get Coimbatore Gold 24k (COIM-24k) Prices for Multiple Currencies 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 traders alike, accessing reliable gold prices in various currencies is essential for making informed decisions. The Metals-API provides a robust solution for obtaining the latest gold prices, including Coimbatore Gold 24k (COIM-24k), across multiple currencies. This blog post will delve into the intricacies of the Metals-API, its capabilities, and how it can empower developers to create innovative applications in the precious metals market.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. As the world transitions into a digital economy, the integration of technology in precious metals trading is becoming increasingly important. The digital transformation in this sector is not just about trading; it encompasses data analytics, market insights, and innovative price discovery methods. With the rise of digital asset solutions, traders can leverage real-time data to make strategic decisions, ensuring they remain competitive in a rapidly changing market.

Data analytics plays a crucial role in understanding market trends and consumer behavior. By utilizing advanced analytics tools, traders can gain insights into price movements, demand fluctuations, and market sentiment. This information is invaluable for making informed trading decisions, especially in a volatile market where gold prices can fluctuate significantly.

Moreover, technology integration in trading platforms allows for seamless transactions and enhanced user experiences. With the Metals-API, developers can build applications that provide real-time updates on gold prices, ensuring that users have access to the most accurate information available.

API Description

The Metals-API is a powerful tool designed to provide developers with access to real-time metals data, including gold prices in various currencies. This API is built on the principles of innovation and technological advancement, enabling developers to create next-generation applications that cater to the needs of traders and investors.

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 provide updates every 60 minutes, every 10 minutes, or even more frequently. This level of granularity ensures that traders have the most current information at their fingertips, allowing them to make timely decisions.

For those interested in historical data, the Metals-API offers access to historical rates dating back to 2019. This feature is particularly useful for analyzing trends over time and understanding how gold prices have evolved in response to market conditions.

Developers can also take advantage of the API's various endpoints, each designed to serve specific needs. For instance, the Convert Endpoint allows users to convert any amount from one currency to another, making it easy to understand the value of gold in different markets. Additionally, the Fluctuation Endpoint provides insights into how gold prices fluctuate on a day-to-day basis, offering valuable information for traders looking to capitalize on market movements.

For more detailed information about the API's capabilities, you can refer to the Metals-API Documentation.

Key Features and Endpoints

The Metals-API offers a comprehensive suite of features that cater to the diverse needs of developers and traders. Below are some of the key features and their applications:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for all available metals, including gold. The response includes the latest rates, timestamp, and base currency, allowing developers to integrate this data into their applications seamlessly.
  • Historical Rates Endpoint: Access historical exchange rates for any date since 1999. This feature is crucial for traders looking to analyze past performance and make informed predictions about future price movements.
  • Bid And Ask Endpoint: Retrieve real-time bid and ask prices for metals. This information is essential for traders who need to understand the current market conditions and make strategic buying or selling decisions.
  • Convert Endpoint: Easily convert any amount from one currency to another. This endpoint simplifies the process of understanding gold prices in different currencies, making it easier for traders to assess value across markets.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is particularly useful for analyzing trends and fluctuations over specific periods.
  • Fluctuation Endpoint: Track rate fluctuations between two dates, providing insights into how prices change over time. This information can help traders identify patterns and make informed decisions.
  • Carat Endpoint: Retrieve information about gold rates by carat. This feature is valuable for jewelers and consumers looking to understand the value of gold based on its purity.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date. This information is crucial for traders looking to identify potential buying or selling opportunities.
  • Open/High/Low/Close (OHLC) Price Endpoint: Get the open, high, low, and close prices for a specific time period. This data is essential for technical analysis and understanding market trends.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for traders interested in the London Metal Exchange.
  • API Key: Your unique API key is required to access the API. This key ensures that only authorized users can retrieve data, enhancing security.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
  • Available Endpoints: The Metals-API provides a constantly updated list of all available currencies and metals, allowing developers to stay informed about the latest offerings.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, catering specifically to the Indian market.
  • News Endpoint: Stay updated with the latest news articles related to various metals, providing context and insights into market movements.

For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers looking to integrate its capabilities into their applications. Below are examples of various API endpoints and their corresponding responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1750298416,
    "base": "USD",
    "date": "2025-06-19",
    "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"
}

The response includes a success status, a timestamp, the base currency (USD), the date of the rates, and a detailed list of rates for various metals.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1750212016,
    "base": "USD",
    "date": "2025-06-18",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint allows users to retrieve historical rates, which can be crucial for trend analysis and forecasting.

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-12",
    "end_date": "2025-06-19",
    "base": "USD",
    "rates": {
        "2025-06-12": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-14": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-19": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time-series view of rates, allowing for detailed analysis over a specified period.

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": 1750298416,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This endpoint simplifies currency conversion, making it easy for users to understand the value of their assets in different currencies.

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-12",
    "end_date": "2025-06-19",
    "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 how prices change over time, which is essential for traders looking to capitalize on market movements.

OHLC (Open/High/Low/Close) Price Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1750298416,
    "base": "USD",
    "date": "2025-06-19",
    "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 crucial for technical analysis, allowing traders to understand market trends and make informed decisions.

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1750298416,
    "base": "USD",
    "date": "2025-06-19",
    "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 essential information for traders, allowing them to understand the current market conditions and make strategic decisions.

Conclusion

The Metals-API is an invaluable resource for developers and traders in the precious metals market. With its comprehensive suite of features, including real-time data, historical rates, and various endpoints, it empowers users to make informed decisions based on accurate and timely information. Whether you are looking to track gold prices in Coimbatore or analyze market trends, the Metals-API provides the tools necessary to succeed.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation and usage.

In a world where data is king, leveraging the power of the Metals-API can give you a competitive edge in the precious metals market. Embrace the future of trading with real-time data and innovative solutions that drive success.

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