Get Hyderabad Gold (XAU-HYDE) - Per Ounce market data through this API
Get Hyderabad Gold (XAU-HYDE) - Per Ounce Market Data Through This API
In the ever-evolving landscape of precious metals trading, the demand for real-time data and analytics has surged. The Metals-API provides a powerful solution for developers looking to integrate gold market data, specifically for the symbol XAU, into their applications. This blog post will delve into the intricacies of the XAU market, the transformative capabilities of the Metals-API, and how it empowers developers to create innovative applications that leverage real-time metals data.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of financial markets, serving as a safe haven during economic uncertainty. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. With the integration of technology, traders can now access real-time data, enabling them to make informed decisions quickly.
Data analytics plays a crucial role in understanding market trends and price movements. By utilizing advanced algorithms and machine learning techniques, traders can gain insights into price discovery and market behavior. The integration of technology in trading platforms allows for seamless execution of trades, reducing latency and improving efficiency.
Moreover, the rise of digital asset solutions has further revolutionized the way gold is traded. The ability to transact in a digital format has made gold more accessible to a broader audience, allowing for fractional ownership and increased liquidity. This shift not only democratizes access to gold but also enhances the overall trading experience.
API Description
The Metals-API is a comprehensive solution for accessing real-time and historical data for various metals, including gold. It empowers developers to build next-generation applications that require accurate and timely metals data. With its robust architecture, the API offers a range of features that cater to different trading needs.
One of the standout capabilities of the Metals-API is its ability to provide real-time exchange rate data. Depending on your subscription plan, the API can return the latest rates updated every 60 minutes, every 10 minutes, or even more frequently. This ensures that traders have access to the most current market information, allowing them to react swiftly to price changes.
The API also offers historical rates dating back to 2019, enabling users to analyze trends over time. By appending a specific date to the API request, developers can retrieve historical data, which is invaluable for backtesting trading strategies and understanding market dynamics.
Another powerful feature is the Bid and Ask endpoint, which provides real-time bid and ask prices for metals. This information is crucial for traders looking to execute trades at optimal prices. Additionally, the Convert endpoint allows users to convert any amount from one currency to another, facilitating transactions across different markets.
For those interested in analyzing price fluctuations, the Fluctuation endpoint provides insights into how currencies fluctuate on a day-to-day basis. This data can help traders identify patterns and make informed decisions based on historical performance.
The Metals-API also includes a dedicated endpoint for retrieving the latest gold price in India, making it an essential tool for traders in the Indian market. Furthermore, the API offers a News endpoint, allowing users to stay updated with the latest news articles related to various metals, which can influence market sentiment.
To explore the full capabilities of the Metals-API, developers can refer to the Metals-API Documentation, which provides detailed information on each endpoint and its functionalities. Additionally, the Metals-API Supported Symbols page offers a comprehensive list of all available metal symbols, ensuring that developers have access to the data they need.
Key Features and Endpoints
The Metals-API is equipped with a variety of endpoints, each designed to serve specific needs within the metals trading ecosystem. Here’s a closer look at some of the key features:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rates for all available metals. Depending on your subscription plan, you can receive updates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay informed about the latest market conditions.
{
"success": true,
"timestamp": 1746414021,
"base": "USD",
"date": "2025-05-05",
"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"
}Historical Rates Endpoint
The Historical Rates endpoint allows users to access historical exchange rates for any date since 1999. This feature is particularly useful for traders looking to analyze past performance and make data-driven decisions.
{
"success": true,
"timestamp": 1746327621,
"base": "USD",
"date": "2025-05-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}Bid And Ask Endpoint
The Bid and Ask endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for metals. This information is crucial for traders looking to execute trades at the best possible prices.
{
"success": true,
"timestamp": 1746414021,
"base": "USD",
"date": "2025-05-05",
"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"
}Convert Endpoint
The Convert endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders operating in multiple currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1746414021,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for traders looking to analyze trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-28",
"end_date": "2025-05-05",
"base": "USD",
"rates": {
"2025-04-28": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-30": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-05-05": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation endpoint provides information about how currencies fluctuate on a day-to-day basis. This data can help traders identify patterns and make informed decisions based on historical performance.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-28",
"end_date": "2025-05-05",
"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"
}Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price endpoint allows users to query the API to get the open, high, low, and close prices for a specific time period. This data is essential for traders looking to analyze market trends and make informed trading decisions.
{
"success": true,
"timestamp": 1746414021,
"base": "USD",
"date": "2025-05-05",
"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"
}Historical LME Endpoint
The Historical LME endpoint provides access to historical rates for LME symbols, dating back to 2008. This feature is particularly useful for traders looking to analyze long-term trends in the metals market.
Conclusion
The Metals-API is a powerful tool for developers looking to integrate real-time and historical gold market data into their applications. With its extensive range of endpoints, including the Latest Rates, Historical Rates, Bid and Ask, and more, the API provides the necessary data for informed trading decisions.
As the digital transformation in precious metals continues to evolve, the Metals-API stands at the forefront, offering innovative solutions that empower traders and developers alike. By leveraging the capabilities of this API, users can unlock the full potential of gold trading, gaining insights that drive success in the market.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on each endpoint and its functionalities. Additionally, check out the Metals-API Supported Symbols page to familiarize yourself with the available metal symbols.