How to Access Ludhiana Gold 24k (LUDH-24k) Prices in Multiple Currencies Using this API
How to Access Ludhiana Gold 24k (LUDH-24k) Prices in Multiple Currencies Using this API
In today's fast-paced financial landscape, accessing accurate and real-time data is crucial for businesses and developers alike. The Metals-API provides a robust solution for obtaining the latest prices of precious metals, including Ludhiana Gold 24k (LUDH-24k), in various currencies. This blog post will delve into how Metals-API empowers users to access gold prices, explore its innovative features, and discuss potential business applications.
About Gold (XAU)
Gold has long been a symbol of wealth and stability, making it a vital asset in financial markets. The digital transformation in precious metals trading has revolutionized how investors and businesses interact with gold. With the rise of data analytics and market insights, stakeholders can now make informed decisions based on real-time data. The integration of technology in trading has led to innovative solutions for price discovery, enabling businesses to optimize their operations and investment strategies.
Metals-API stands at the forefront of this transformation, offering developers the tools necessary to build next-generation applications that leverage real-time metals data. By providing accurate gold prices in multiple currencies, the API allows businesses to cater to a global audience, enhancing their market reach and operational efficiency.
API Description
The Metals-API is designed to deliver accurate and timely data on precious metals, including gold, silver, platinum, and palladium. With its user-friendly interface and comprehensive documentation, developers can easily integrate the API into their applications. The API supports various endpoints that provide different functionalities, allowing users to access the information they need efficiently.
For detailed information on how to implement the API, refer to the Metals-API Documentation. This resource outlines the capabilities of the API, including how to retrieve the latest rates, historical data, and much more.
Key Features and Endpoints
The Metals-API offers a range of endpoints, each designed to meet specific needs. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes or more frequently. For example, you can retrieve the latest gold price in USD and convert it to other currencies.
- Historical Rates Endpoint: Access historical rates dating back to 2019. This feature allows businesses to analyze trends over time, which is crucial for making informed investment decisions.
- Bid and Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for metals, providing insights into market dynamics.
- Convert Endpoint: Easily convert any amount from one currency to another, facilitating seamless transactions across different markets.
- Time-Series Endpoint: Query the API for daily historical rates between two dates, allowing for in-depth analysis of price movements.
- Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, providing insights into market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and retailers.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specific period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for a specific time period, which is vital for traders looking to analyze market trends.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market changes.
- API Key: Your unique API key is required for authentication, ensuring secure access to the API's features.
- API Response: All exchange rates are delivered relative to USD by default, simplifying the data interpretation process.
- Available Endpoints: The API includes 14 endpoints, each providing different functionalities to cater to various user needs.
- 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 users 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 resource is invaluable for developers looking to integrate specific metal data into their applications.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various endpoints and their expected responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1770855935,
"base": "USD",
"date": "2026-02-12",
"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": 1770769535,
"base": "USD",
"date": "2026-02-11",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Time-series Endpoint
Get exchange rates for a specific time period.
{
"success": true,
"timeseries": true,
"start_date": "2026-02-05",
"end_date": "2026-02-12",
"base": "USD",
"rates": {
"2026-02-05": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-02-12": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"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": 1770855935,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-05",
"end_date": "2026-02-12",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
OHLC (Open/High/Low/Close) Price Endpoint
Get OHLC data for a specific time period.
{
"success": true,
"timestamp": 1770855935,
"base": "USD",
"date": "2026-02-12",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
Get current bid and ask prices for metals.
{
"success": true,
"timestamp": 1770855935,
"base": "USD",
"date": "2026-02-12",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Conclusion
Accessing Ludhiana Gold 24k (LUDH-24k) prices in multiple currencies has never been easier, thanks to the innovative capabilities of the Metals-API. By leveraging real-time data, businesses can enhance their decision-making processes, optimize trading strategies, and ultimately improve their bottom line. The API's extensive features, including the latest rates, historical data, and conversion capabilities, provide developers with the tools they need to build powerful applications that cater to a global market.
For more information on how to implement these features, visit the Metals-API Documentation. Additionally, explore the Metals-API Supported Symbols page to find the specific metal symbols you need for your applications. Embrace the future of precious metals trading with Metals-API and unlock the potential of real-time data.