Get Kolhapur Gold 24k (KOLH-24k) Daily Closing Prices using this API
Introduction
In the ever-evolving landscape of financial technology, the demand for real-time data has never been more critical, especially in the realm of precious metals trading. For those interested in tracking the daily closing prices of Kolhapur Gold 24k (KOLH-24k), the Metals-API offers a powerful solution. This API provides developers with the tools necessary to access historical prices, real-time rates, and a wealth of market insights, enabling them to build next-generation applications that leverage the latest in data analytics and technology integration.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As digital transformation sweeps through the financial sector, gold trading is no exception. The integration of data analytics and technology into precious metals trading has revolutionized how investors and traders interact with the market. With the Metals-API, developers can harness the power of real-time data to innovate price discovery processes and create digital asset solutions that cater to modern trading needs.
The Metals-API provides a comprehensive suite of features that empower developers to access and analyze gold prices effectively. By leveraging advanced data analytics, traders can gain insights into market trends, enabling them to make informed decisions. The API's capabilities extend beyond mere price tracking; it facilitates a deeper understanding of market dynamics through historical data analysis and real-time updates.
API Description
The Metals-API is designed with innovation and technological advancement at its core. It provides developers with a robust platform to access real-time metals data, allowing for the creation of applications that can respond to market changes instantaneously. The API's architecture supports a variety of endpoints, each tailored to meet specific data needs, from the latest rates to historical trends.
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, ensuring that users have access to the most current information available. This capability is crucial for traders who need to react quickly to market fluctuations.
For developers looking to build applications that require historical price data, the Metals-API offers an extensive historical rates endpoint. This feature allows users to query historical rates dating back to 2019, providing a rich dataset for analysis and decision-making. By appending a specific date to the API request, developers can retrieve historical prices for any given day, enabling them to analyze trends over time.
Moreover, the API includes a Bid and Ask endpoint, which is essential for traders looking to understand market liquidity. This feature provides real-time bid and ask prices, allowing users to gauge market sentiment and make informed trading decisions. The Convert endpoint further enhances the API's utility by enabling users to convert amounts between different metals or to/from USD, streamlining the trading process.
Key Features and Endpoints
The Metals-API is packed with features that cater to a wide range of trading and analytical needs. Here’s a closer look at some of the key endpoints and their functionalities:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rates for all available metals. This endpoint is crucial for traders who need immediate access to current market prices. Depending on the subscription plan, users can receive updates at varying frequencies. For example, a typical response might look like this:
{
"success": true,
"timestamp": 1748840534,
"base": "USD",
"date": "2025-06-02",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
Accessing historical exchange rates is vital for trend analysis. The Historical Rates endpoint allows users to retrieve rates for any date since 1999. This feature is particularly useful for back-testing trading strategies or analyzing long-term trends. A typical response might look like this:
{
"success": true,
"timestamp": 1748754134,
"base": "USD",
"date": "2025-06-01",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}Time-Series Endpoint
The Time-Series endpoint allows users to query the API for daily historical rates between two specified dates. This feature is invaluable for traders looking to analyze price movements over a specific period. A typical response might look like this:
{
"success": true,
"timeseries": true,
"start_date": "2025-05-26",
"end_date": "2025-06-02",
"base": "USD",
"rates": {
"2025-05-26": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-06-02": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}Convert Endpoint
The Convert endpoint is a powerful feature that allows users to convert any amount from one metal to another or to/from USD. This functionality is essential for traders who operate in multiple currencies. A typical response might look like this:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1748840534,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Fluctuation Endpoint
The Fluctuation endpoint provides insights into how metal prices fluctuate over time. This feature is particularly useful for traders looking to understand market volatility. A typical response might look like this:
{
"success": true,
"fluctuation": true,
"start_date": "2025-05-26",
"end_date": "2025-06-02",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price endpoint provides traders with critical data points for analyzing market performance over a specific time period. This endpoint returns the open, high, low, and close prices, which are essential for technical analysis. A typical response might look like this:
{
"success": true,
"timestamp": 1748840534,
"base": "USD",
"date": "2025-06-02",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}Bid/Ask Endpoint
The Bid/Ask endpoint provides current bid and ask prices for metals, which is crucial for understanding market liquidity. A typical response might look like this:
{
"success": true,
"timestamp": 1748840534,
"base": "USD",
"date": "2025-06-02",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page. This resource is invaluable for developers looking to understand the full capabilities of the API and how to implement them in their applications.
Conclusion
The Metals-API is a transformative tool for developers looking to integrate real-time metals data into their applications. With features like the Latest Rates, Historical Rates, and various conversion endpoints, it provides a comprehensive suite of functionalities that cater to the needs of traders and analysts alike. By leveraging the power of this API, developers can create innovative solutions that enhance trading strategies and market analysis.
As the financial landscape continues to evolve, the integration of technology and data analytics will play a crucial role in shaping the future of precious metals trading. The Metals-API stands at the forefront of this transformation, offering developers the tools they need to succeed in a competitive market. For more information on how to get started, visit the Metals-API Documentation and explore the endless possibilities that await.