Integrate Raipur Gold 22k (RAIP-22k) prices using this API

Integrate Raipur Gold 22k (RAIP-22k) Prices Using This API

In today's digital landscape, the integration of real-time data into applications has become a cornerstone of innovation, especially in the financial sector. The Metals-API provides a powerful solution for developers looking to access and utilize gold prices, including Raipur Gold 22k (RAIP-22k), in their applications. This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, features, and how it can be leveraged to obtain accurate and timely gold pricing data.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. As a precious metal, it plays a crucial role in various markets, including jewelry, investment, and industrial applications. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights, allowing traders and investors to make informed decisions based on real-time data.

With the rise of technology integration in trading, the ability to access gold prices through APIs has revolutionized the way market participants interact with precious metals. The innovation in price discovery mechanisms has enabled more transparent and efficient trading environments. Furthermore, digital asset solutions have emerged, allowing for seamless transactions and investments in gold.

API Description

The Metals-API is a robust API designed to provide developers with real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API empowers developers to build next-generation applications that require accurate and timely metals data. With its extensive capabilities, the Metals-API stands out as a transformative tool in the realm of financial technology.

One of the key features of the Metals-API is its ability to deliver real-time exchange rate data, which is crucial for applications that require up-to-the-minute pricing information. The API supports a range of endpoints, each designed to cater to specific data needs, from the latest rates to historical trends.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that provide different functionalities, allowing developers to tailor their applications to specific requirements. Here are some of the most notable features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes. This feature is essential for applications that require the most current pricing information.

{
    "success": true,
    "timestamp": 1761955246,
    "base": "USD",
    "date": "2025-11-01",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is vital for market analysis and trend identification. The Historical Rates Endpoint allows users to retrieve exchange rates for most currencies dating back to 2019. By appending a specific date, developers can query the API for historical data, enabling them to analyze price movements over time.

{
    "success": true,
    "timestamp": 1761868846,
    "base": "USD",
    "date": "2025-10-31",
    "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 provides real-time bid and ask prices for metals. This information is crucial for traders looking to execute buy or sell orders at the best possible prices. Depending on the subscription plan, this endpoint can deliver timely data to enhance trading strategies.

{
    "success": true,
    "timestamp": 1761955246,
    "base": "USD",
    "date": "2025-11-01",
    "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 applications that require currency conversion for pricing or trading purposes.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1761955246,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint allows developers to query the API for daily historical rates between two specified dates. This feature is invaluable for analyzing trends and fluctuations over time, providing insights into market behavior.

{
    "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
        },
        "2025-11-01": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

Using the Fluctuation Endpoint, developers can retrieve information about how currencies fluctuate on a day-to-day basis. This feature is essential for understanding market volatility and making informed trading decisions.

{
    "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
        }
    },
    "unit": "per troy ounce"
}

Open/High/Low/Close (OHLC) Price Endpoint

The OHLC Price Endpoint provides essential data for traders by delivering the open, high, low, and close prices for a specific time period. This information is critical for technical analysis and helps traders identify potential entry and exit points.

{
    "success": true,
    "timestamp": 1761955246,
    "base": "USD",
    "date": "2025-11-01",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "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 applications focused on industrial metals and provides a comprehensive view of historical pricing trends.

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.

Conclusion

Integrating Raipur Gold 22k (RAIP-22k) prices using the Metals-API offers developers a powerful tool for accessing real-time and historical data on precious metals. With its extensive range of endpoints, the API provides the flexibility needed to build innovative applications that can analyze market trends, execute trades, and convert currencies seamlessly.

By leveraging the capabilities of the Metals-API, developers can enhance their applications with accurate pricing data, enabling users to make informed decisions in the dynamic world of precious metals trading. For more information on how to get started, visit the Metals-API Documentation for detailed guidance on implementation and best practices.