Get Visakhapatnam Gold 24k (VISA-24k) Historical Prices for algorithmic trading using this API
Get Visakhapatnam Gold 24k (VISA-24k) Historical Prices for Algorithmic Trading Using This API
In the ever-evolving landscape of algorithmic trading, the ability to access and analyze historical prices of precious metals like Gold (XAU) is crucial for making informed trading decisions. The Metals-API provides a robust solution for developers looking to integrate real-time and historical data into their trading applications. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices for Gold, and explore the broader implications of digital transformation in the precious metals market.
About Gold (XAU)
Gold has long been regarded as a safe haven asset, especially during times of economic uncertainty. Its value is influenced by various factors, including market demand, geopolitical events, and currency fluctuations. In recent years, the digital transformation of the financial sector has led to innovative approaches in trading and investment strategies. The integration of data analytics and technology in trading has opened new avenues for investors and traders alike.
With the rise of algorithmic trading, the need for accurate and timely data has never been more critical. The Metals-API offers a comprehensive suite of tools that empower developers to harness the power of data analytics for market insights. By leveraging real-time and historical data, traders can make informed decisions based on trends and patterns in Gold prices.
API Description
The Metals-API is a powerful tool that provides access to real-time and historical prices for various metals, including Gold (XAU). This API is designed to facilitate the development of next-generation applications that require accurate and timely metals data. With its innovative features, the Metals-API enables developers to build applications that can analyze market trends, track price fluctuations, and optimize trading strategies.
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 the latest rates updated every 60 minutes, every 10 minutes, or even more frequently. This ensures that traders have access to the most current information, allowing them to make timely decisions.
For those interested in historical data, the Metals-API offers a Historical Rates Endpoint that provides access to historical rates dating back to 2019. This feature is invaluable for traders looking to analyze past performance and identify trends that may influence future price movements.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints that cater to different trading needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for all available metals. For example, a typical response might include the current price of Gold (XAU) in USD, along with other metals like Silver (XAG) and Platinum (XPT).
- Historical Rates Endpoint: Access historical exchange rates for any date since 2019. This is particularly useful for traders who want to backtest their strategies against historical data.
- Bid and Ask Endpoint: Retrieve real-time Bid and Ask prices for metals. This feature is essential for traders looking to execute trades at optimal prices.
- Convert Endpoint: Convert any amount from one metal to another or to/from USD. This is useful for traders who deal in multiple currencies and need to quickly assess the value of their holdings.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This allows for detailed analysis of price movements over specific periods.
- Fluctuation Endpoint: Track rate fluctuations between two dates, providing insights into how prices have changed over time.
- Carat Endpoint: Retrieve information about Gold rates by Carat, which is particularly useful for jewelers and those in the jewelry business.
- Lowest/Highest Price Endpoint: Get the lowest and highest price for a specified date, helping traders identify key price levels.
- Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized access to the data.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping traders informed about market developments.
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 includes popular metals like Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD).
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints and their typical responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1770423477,
"base": "USD",
"date": "2026-02-07",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Access historical exchange rates for any date since 1999.
{
"success": true,
"timestamp": 1770337077,
"base": "USD",
"date": "2026-02-06",
"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": "2026-01-31",
"end_date": "2026-02-07",
"base": "USD",
"rates": {
"2026-01-31": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-02": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-07": {
"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": 1770423477,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-31",
"end_date": "2026-02-07",
"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": 1770423477,
"base": "USD",
"date": "2026-02-07",
"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": 1770423477,
"base": "USD",
"date": "2026-02-07",
"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
The Metals-API is a transformative tool for developers looking to integrate precious metals data into their applications. With its extensive range of endpoints, including real-time rates, historical data, and conversion capabilities, the API empowers traders to make informed decisions based on accurate data. As the financial landscape continues to evolve, leveraging technology and data analytics will be essential for success in algorithmic trading.
For more information on how to get started with the Metals-API, check out the Metals-API Documentation. This resource provides comprehensive guidance on using the API effectively, including detailed descriptions of each endpoint and practical implementation strategies.
As you explore the capabilities of the Metals-API, consider the potential for innovation in price discovery and digital asset solutions. The future of trading lies in the ability to harness data effectively, and the Metals-API is at the forefront of this digital transformation.