How to obtain Coimbatore Gold 18k (COIM-18k) prices using this API

How to Obtain Coimbatore Gold 18k (COIM-18k) Prices Using the Metals-API

In the ever-evolving world of precious metals trading, obtaining accurate and real-time data is crucial for making informed decisions. For developers and traders interested in tracking the price of Coimbatore Gold 18k (COIM-18k), the Metals-API offers a robust solution. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve gold prices, including the digital transformation in precious metals trading, data analytics, and the technological advancements that empower developers to create innovative applications.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. In recent years, the digital transformation in precious metals has revolutionized how traders and investors access market data. The integration of technology in trading has enabled real-time price discovery, allowing users to make timely decisions based on the latest market insights.

Data analytics plays a pivotal role in understanding market trends and fluctuations. By leveraging advanced analytics, traders can gain insights into price movements, enabling them to optimize their trading strategies. The Metals-API stands at the forefront of this transformation, providing developers with the tools necessary to build next-generation applications that harness the power of real-time metals data.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including gold, silver, platinum, and palladium. With its innovative features, the API empowers developers to create applications that can track prices, analyze trends, and convert currencies seamlessly. The API's capabilities extend beyond mere data retrieval; it offers a transformative potential for businesses looking to integrate metals data into their operations.

For more detailed information on how to utilize the API, refer to the Metals-API Documentation, which outlines the various endpoints and their functionalities.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. This endpoint is essential for traders who need to monitor the current market prices of gold and other metals. For instance, if you are interested in the latest price of gold, you can retrieve this data every 60 minutes, every 10 minutes, or even more frequently, depending on your plan.

{
"success": true,
"timestamp": 1765850419,
"base": "USD",
"date": "2025-12-16",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

For those interested in analyzing past trends, the Historical Rates Endpoint allows access to historical exchange rates dating back to 2019. This feature is invaluable for conducting market analysis and understanding how gold prices have fluctuated over time.

{
"success": true,
"timestamp": 1765764019,
"base": "USD",
"date": "2025-12-15",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}

Bid and Ask Endpoint

The Bid and Ask Endpoint provides real-time bid and ask prices for metals, allowing traders to understand the current market spread. This feature is crucial for making informed trading decisions, as it reflects the prices at which buyers are willing to purchase and sellers are willing to sell.

{
"success": true,
"timestamp": 1765850419,
"base": "USD",
"date": "2025-12-16",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"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 deal in multiple currencies and need to quickly calculate equivalent values.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765850419,
"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 feature is essential for traders looking to analyze price trends over specific periods.

{
"success": true,
"timeseries": true,
"start_date": "2025-12-09",
"end_date": "2025-12-16",
"base": "USD",
"rates": {
"2025-12-09": {
"XAU": 0.000485
},
"2025-12-16": {
"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 useful for traders who want to track the volatility of gold prices over time.

{
"success": true,
"fluctuation": true,
"start_date": "2025-12-09",
"end_date": "2025-12-16",
"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 for 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": 1765850419,
"base": "USD",
"date": "2025-12-16",
"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 specified date. This feature is particularly useful for traders looking to identify price extremes over a given period.

{
"success": true,
"timestamp": 1765850419,
"base": "USD",
"date": "2025-12-16",
"rates": {
"XAU": {
"lowest": 0.000481,
"highest": 0.000487
}
},
"unit": "per troy ounce"
}

API Key and Response

To access the Metals-API, you will need an API key, which is passed into the API base URL's access_key parameter. The API delivers exchange rates relative to USD by default, ensuring that you receive consistent and reliable data.

For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

Conclusion

The Metals-API provides a comprehensive solution for developers and traders looking to access real-time and historical data on precious metals, including Coimbatore Gold 18k (COIM-18k). By leveraging the various endpoints, users can gain valuable insights into market trends, track price fluctuations, and make informed trading decisions. The integration of technology in precious metals trading has opened up new avenues for innovation and efficiency, making the Metals-API an essential tool for anyone involved in the industry.

For further exploration of the API's capabilities, visit the Metals-API Website and dive into the extensive documentation available to help you get started.