Get Visakhapatnam Gold 22k (VISA-22k) prices using this API
Introduction
In the world of precious metals trading, having access to real-time data is crucial for making informed decisions. This is where the Metals-API comes into play, offering developers a powerful tool to retrieve the latest prices and historical data for various metals, including gold (XAU). In this blog post, we will explore how to get Visakhapatnam Gold 22k (VISA-22k) prices using this API, delve into the intricacies of gold as a commodity, and examine the innovative features that the Metals-API provides.
About Gold (XAU)
Gold, represented by the symbol XAU, has been a symbol of wealth and a standard for currency for centuries. As we navigate through the digital transformation in precious metals, it is essential to understand how technology is reshaping the landscape of trading and investment. The integration of data analytics and market insights allows traders to make better decisions based on real-time information.
With the rise of digital asset solutions, gold trading has become more accessible. The Metals-API plays a pivotal role in this transformation by providing developers with the tools necessary to build applications that can track gold prices, analyze market trends, and facilitate trading. The API empowers users to innovate in price discovery, enabling them to leverage real-time data for strategic decision-making.
API Description
The Metals-API is a comprehensive solution for accessing real-time and historical data on precious metals. It offers a wide array of features that cater to the needs of developers looking to integrate metals data into their applications. The API is designed to be user-friendly, with extensive documentation available at Metals-API Documentation.
One of the standout capabilities of the Metals-API is its ability to provide real-time exchange rates for various metals, including gold, silver, platinum, and palladium. This real-time data is crucial for traders who need to make quick decisions based on market fluctuations. The API also supports historical data queries, allowing users to analyze trends over time.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that serve different purposes, each designed to enhance the user experience and provide valuable insights. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for all available metals. Depending on your subscription plan, the API can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay updated on the latest market prices.
{
"success": true,
"timestamp": 1744509668,
"base": "USD",
"date": "2025-04-13",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
The Historical Rates Endpoint allows users to access historical exchange rates for any date since 1999. This is particularly useful for analyzing long-term trends and making informed investment decisions based on past performance.
{
"success": true,
"timestamp": 1744423268,
"base": "USD",
"date": "2025-04-12",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"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 buy or sell orders at optimal prices.
{
"success": true,
"timestamp": 1744509668,
"base": "USD",
"date": "2025-04-13",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"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 who need to calculate the equivalent value of their holdings in different metals.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1744509668,
"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 is an invaluable tool for analyzing price movements over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-06",
"end_date": "2025-04-13",
"base": "USD",
"rates": {
"2025-04-06": {
"XAU": 0.000485
},
"2025-04-08": {
"XAU": 0.000483
},
"2025-04-13": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is essential for traders looking to understand market volatility and make informed decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-06",
"end_date": "2025-04-13",
"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 allows users to query the API to get the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on technical analysis to make trading decisions.
{
"success": true,
"timestamp": 1744509668,
"base": "USD",
"date": "2025-04-13",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}Lowest/Highest Price Endpoint
The Lowest/Highest Price Endpoint allows users to query the API to get the lowest and highest price for a specific date. This feature is useful for traders looking to identify price extremes over a given period.
{
"success": true,
"timestamp": 1744509668,
"base": "USD",
"date": "2025-04-13",
"rates": {
"XAU": {
"lowest": 0.000481,
"highest": 0.000487
}
},
"unit": "per troy ounce"
}Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for users interested in the London Metal Exchange prices.
{
"success": true,
"timestamp": 1744423268,
"base": "USD",
"date": "2025-04-12",
"rates": {
"XAU": 0.000485
},
"unit": "per troy ounce"
}API Key and Response
Your API Key is the unique key that is passed into the API base URL's access_key parameter to authenticate your requests. All exchange rates delivered by the Metals-API are by default relative to USD, ensuring consistency across the data provided.
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 integrate specific metals into their applications.
Conclusion
In conclusion, the Metals-API offers a robust solution for accessing real-time and historical data on precious metals, including gold (XAU). With its innovative features and user-friendly design, developers can leverage this API to create applications that enhance trading strategies and market analysis. By utilizing endpoints such as the Latest Rates, Historical Rates, and Bid and Ask, traders can stay informed and make data-driven decisions.
As the digital landscape continues to evolve, the integration of technology in 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 innovate and excel in the world of metals trading. For more information, visit the Metals-API Website and explore the extensive documentation to get started.