Get Indore Gold 24k (INDO-24k) Monthly Historical Prices using this API

In the ever-evolving landscape of precious metals trading, the ability to access real-time and historical data is paramount for informed decision-making. For developers and traders alike, the Metals-API provides a robust solution for retrieving historical prices of gold, specifically the Indore Gold 24k (INDO-24k). This blog post will delve into the intricacies of the Metals-API, focusing on how to effectively utilize it to obtain historical prices and insights into the gold market.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As a digital transformation sweeps through the financial sector, the precious metals market is no exception. The integration of data analytics and technology into trading practices has revolutionized how investors approach gold trading. With the advent of APIs like Metals-API, traders can now access real-time data, historical trends, and market insights with unprecedented ease.

Data analytics plays a crucial role in understanding market dynamics. By leveraging the capabilities of the Metals-API, developers can build applications that analyze historical price movements, identify trends, and provide actionable insights. This technological integration not only enhances trading strategies but also empowers investors to make informed decisions based on comprehensive data analysis.

Moreover, the innovation in price discovery facilitated by APIs allows for a more transparent and efficient market. The Metals-API stands out as a powerful tool that enables developers to create next-generation applications that can track gold prices, analyze fluctuations, and even convert between different currencies. This level of accessibility to real-time metals data is transformative, allowing for a more dynamic trading environment.

API Description

The Metals-API is designed to provide developers with a comprehensive suite of tools for accessing precious metals data. With a focus on innovation and technological advancement, this API empowers users to build applications that can harness real-time data for various purposes, including trading, investment analysis, and market forecasting.

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 traders have access to the most current information, enabling them to make timely decisions in a fast-paced market.

For those interested in historical data, the Metals-API offers a Historical Rates Endpoint that allows users to query historical rates dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices and analyze trends over time. This feature is particularly useful for understanding market movements and making predictions based on historical performance.

Additionally, the API includes a Bid and Ask Endpoint, which provides real-time bid and ask prices for various metals. This feature is essential for traders who need to know the current market spread and make informed buying or selling decisions.

The Convert Endpoint is another valuable tool, allowing users to convert amounts from one currency to another seamlessly. This is particularly useful for international traders who operate in multiple currencies and need to understand the value of their investments in real-time.

Furthermore, the Time-Series Endpoint enables users to query daily historical rates between two specified dates. This feature is invaluable for conducting in-depth analyses of price movements over specific periods, allowing traders to identify patterns and make strategic decisions.

The Fluctuation Endpoint provides insights into how prices fluctuate on a day-to-day basis. By tracking these fluctuations, traders can gain a better understanding of market volatility and adjust their strategies accordingly.

For those interested in gold rates by carat, the Carat Endpoint allows users to retrieve information about gold prices based on different carat values. This feature is particularly beneficial for jewelers and consumers looking to understand the value of gold jewelry.

Additionally, the Metals-API includes endpoints for retrieving the lowest and highest prices for a specified date, as well as Open/High/Low/Close (OHLC) price data. These features provide traders with a comprehensive view of market performance, enabling them to make informed decisions based on historical data.

To access the Metals-API, developers must use their unique API Key, which is passed into the API base URL's access_key parameter. This key ensures secure access to the API and allows for personalized data retrieval based on the user's subscription plan.

Key Features and Endpoints

The Metals-API offers a wide range of features and endpoints that cater to the needs of developers and traders. Below are some of the key functionalities:

Latest Rates Endpoint: Retrieve real-time exchange rates for all available metals, updated based on your subscription plan.
Historical Rates Endpoint: Access historical exchange rates for any date since 2019, enabling in-depth market analysis.
Bid And Ask Endpoint: Get current bid and ask prices for metals, essential for understanding market spreads.
Convert Endpoint: Convert any amount from one metal to another or to/from USD, facilitating international trading.
Time-Series Endpoint: Query for daily historical rates between two dates, allowing for detailed trend analysis.
Fluctuation Endpoint: Track rate fluctuations between two dates, providing insights into market volatility.
Carat Endpoint: Retrieve gold rates by carat, useful for jewelers and consumers.
Lowest/Highest Price Endpoint: Get the lowest and highest price for a specified date, aiding in market analysis.
Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, essential for traders.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008.
API Key: Secure access to the API using a unique key for personalized data retrieval.
API Response: Exchange rates delivered by the Metals-API are relative to USD, ensuring consistency in data.
Available Endpoints: The API comes with multiple endpoints, each providing different functionalities.
Supported Symbols Endpoint: Access a constantly updated list of all available currencies.
Gold Price India Endpoint: Retrieve the latest gold price in India using a dedicated endpoint.
News Endpoint: Get the latest news articles related to various metals, keeping you informed about market trends.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1750575615,
    "base": "USD",
    "date": "2025-06-22",
    "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": 1750489215,
    "base": "USD",
    "date": "2025-06-21",
    "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": "2025-06-15",
    "end_date": "2025-06-22",
    "base": "USD",
    "rates": {
        "2025-06-15": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-17": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-22": {
            "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": 1750575615,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-15",
    "end_date": "2025-06-22",
    "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": 1750575615,
    "base": "USD",
    "date": "2025-06-22",
    "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": 1750575615,
    "base": "USD",
    "date": "2025-06-22",
    "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

In conclusion, the Metals-API is an invaluable resource for developers and traders seeking to access real-time and historical data on precious metals, particularly gold. By leveraging the various endpoints offered by the API, users can gain insights into market trends, analyze price fluctuations, and make informed trading decisions. The ability to convert currencies, track historical rates, and access bid and ask prices empowers traders to navigate the complexities of the gold market with confidence.

As the financial landscape continues to evolve, the integration of technology and data analytics into precious metals trading will only become more critical. The Metals-API stands at the forefront of this transformation, providing the tools necessary for developers to build innovative applications that enhance trading strategies and market understanding.

For more information on how to get started with the Metals-API, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. With the right tools and insights, traders can harness the power of data to optimize their investments in the precious metals market.

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Get Indore Gold 24k (INDO-24k) Monthly Historical Prices using this API