How to Retrieve Real-Time Gurgaon Gold 24k (GURG-24k) Prices Using Metals-API
How to Retrieve Real-Time Gurgaon Gold 24k (GURG-24k) Prices Using Metals-API
In today's fast-paced financial landscape, accessing real-time market data is crucial for traders, investors, and developers alike. This blog post will guide you through the process of retrieving real-time Gurgaon Gold 24k (GURG-24k) prices using the Metals-API. We will explore the capabilities of this powerful API, including its various endpoints, and provide step-by-step instructions on how to implement it effectively.
Understanding Metals-API
The Metals-API is a robust tool designed for developers who need access to real-time and historical data on precious metals. With a focus on innovation and technological advancement, this API empowers users to build next-generation applications that can analyze market trends, perform currency conversions, and track fluctuations in metal prices. The API supports a wide range of metals, including Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD).
About Gold (XAU)
Gold has long been a symbol of wealth and stability. In recent years, the digital transformation in precious metals trading has revolutionized how investors access and analyze market data. The integration of data analytics and technology in trading platforms has made it easier for users to gain insights into market trends. With the Metals-API, developers can harness the power of real-time data to innovate price discovery and create digital asset solutions that cater to the evolving needs of investors.
Getting Started with Metals-API
To begin using the Metals-API, you will first need to sign up for an account on their website. Once registered, you will receive an API key, which is essential for authenticating your requests. The API key should be included in the access_key parameter of your API calls.
Key Features of Metals-API
The Metals-API offers a variety of endpoints that cater to different 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, every 10 minutes, or even more frequently. This is particularly useful for traders who need up-to-the-minute information on gold prices.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. You can query the API for historical rates by appending a specific date to your request.
- Bid and Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for metals, enabling traders to make informed decisions based on current market conditions.
- Convert Endpoint: This endpoint allows you to convert any amount from one metal to another or to/from USD, making it easy to perform quick calculations.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, providing valuable insights into price trends over time.
- Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis, which is essential for understanding market volatility.
- Carat Endpoint: Get information about gold rates by carat, allowing for precise calculations in jewelry and investment contexts.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specific date, which can help in identifying market peaks and troughs.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for a specific date, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is beneficial for users interested in long-term trends.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
Example API Calls
Now that we have an understanding of the Metals-API and its features, letβs look at some example API calls and their responses.
Latest Rates Endpoint
{
"success": true,
"timestamp": 1761958923,
"base": "USD",
"date": "2025-11-01",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
The response above indicates that the current price of Gold (XAU) is 0.000482 per troy ounce. This endpoint is essential for traders who need to monitor real-time prices.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1761872523,
"base": "USD",
"date": "2025-10-31",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response shows the historical price of Gold on October 31, 2025. Historical data is crucial for analyzing trends and making informed investment decisions.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-10-25",
"end_date": "2025-11-01",
"base": "USD",
"rates": {
"2025-10-25": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-10-27": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-01": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series data allows you to see how Gold prices have changed over a specific period, which is invaluable for trend analysis.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1761958923,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This conversion example shows how much 1000 USD is in Gold (XAU), which is 0.482 troy ounces. This endpoint is particularly useful for investors looking to convert their currency into gold.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-25",
"end_date": "2025-11-01",
"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
}
},
"unit": "per troy ounce"
}
This response provides insights into how Gold prices have fluctuated over a specified period, which is essential for understanding market volatility.
Open/High/Low/Close (OHLC) Price Endpoint
{
"success": true,
"timestamp": 1761958923,
"base": "USD",
"date": "2025-11-01",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
The OHLC data is crucial for traders who rely on technical analysis to make informed decisions. It provides a snapshot of the price movements throughout the day.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1761958923,
"base": "USD",
"date": "2025-11-01",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
The bid and ask prices are essential for traders looking to execute buy and sell orders effectively. Understanding the spread can help in making strategic trading decisions.
Common Use Cases
The Metals-API can be utilized in various applications, including:
- Trading Platforms: Integrate real-time data into trading applications to provide users with up-to-date information on precious metal prices.
- Investment Analysis Tools: Build tools that analyze historical data to help investors make informed decisions based on past trends.
- Financial Dashboards: Create dashboards that display real-time and historical data for various metals, allowing users to track their investments.
- Market Research: Use the API to gather data for market research and analysis, helping businesses understand market dynamics.
Conclusion
In conclusion, the Metals-API is a powerful tool for accessing real-time and historical data on precious metals, including Gold (XAU). By leveraging its various endpoints, developers can create innovative applications that provide valuable insights into market trends and fluctuations. Whether you are building a trading platform, an investment analysis tool, or a financial dashboard, the Metals-API offers the capabilities you need to succeed. For more information, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals.