Learn how to Get Coimbatore Gold 24k (COIM-24k) Historical Prices with this API

Introduction

In the world of precious metals trading, understanding historical prices is crucial for making informed investment decisions. For those interested in Coimbatore Gold 24k (COIM-24k), accessing historical price data can be achieved seamlessly through the Metals-API. This powerful API provides developers with the tools necessary to retrieve real-time and historical data on various metals, including gold, silver, platinum, and palladium. In this blog post, we will explore how to effectively utilize the Metals-API to obtain historical prices for Coimbatore Gold 24k, while also delving into the broader implications of digital transformation in the precious metals market.

About Gold (XAU)

Gold, represented by the symbol XAU, has been a cornerstone of wealth and value for centuries. As a precious metal, it is not only a safe haven asset but also a critical component in various industries, including electronics, jewelry, and finance. The digital transformation in the precious metals sector has revolutionized how traders and investors access and analyze market data. With the integration of advanced data analytics and technology, stakeholders can now gain deeper insights into market trends and make more informed decisions.

The advent of APIs like Metals-API has further enhanced this transformation, enabling developers to build next-generation applications that leverage real-time metals data. By utilizing the Metals-API, developers can create innovative solutions for price discovery, trading platforms, and digital asset management. This API empowers users to access a wealth of information, including historical prices, bid and ask rates, and fluctuation data, all of which are essential for effective trading strategies.

Metals-API Overview

The Metals-API is a comprehensive JSON API that provides real-time and historical data on various metals. It is designed to cater to the needs of developers looking to integrate metals pricing into their applications. The API offers a wide range of endpoints, each serving a specific purpose, from retrieving the latest rates to accessing historical data dating back to 2019.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, which is updated frequently depending on the subscription plan. This ensures that users have access to the most current market information, allowing for timely decision-making. Additionally, the API supports a variety of endpoints that cater to different use cases, making it a versatile tool for developers.

Key Features and Endpoints

The Metals-API boasts several key features that enhance its utility for developers:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on the subscription plan. This feature is essential for traders who need to stay informed about the latest market movements.
• Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical price data for Coimbatore Gold 24k, enabling them to analyze trends over time.
• Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insight into market liquidity and helping traders make informed decisions.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts between different metals or to/from USD. This is particularly useful for traders who operate in multiple currencies.
• Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two specified dates. This feature is invaluable for analyzing price movements over specific periods.
• Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders anticipate future movements.
• Carat Endpoint: This endpoint provides information about gold rates by carat, allowing users to understand the value of gold in different purities.
• Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, which is essential for understanding market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, allowing traders to analyze price action and make informed decisions.
• Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, offering a broader perspective on metal prices.
• API Key: Each user is assigned a unique API key that must be included in API requests to authenticate access.
• API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
• Available Endpoints: The Metals-API includes 14 different endpoints, each providing unique functionalities tailored to various user needs.
• Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available currencies and metals supported by the API.
• News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.

Understanding API Responses

When interacting with the Metals-API, understanding the structure of API responses is crucial for effective data utilization. Below are examples of responses from various endpoints, along with explanations of their fields:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rates for all available metals. Here’s an example response:

{
    "success": true,
    "timestamp": 1762992158,
    "base": "USD",
    "date": "2025-11-13",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744,
        "XCU": 0.294118,
        "XAL": 0.434783,
        "XNI": 0.142857,
        "XZN": 0.344828
    },
    "unit": "per troy ounce"
}

In this response:

• success: Indicates whether the API request was successful.
• timestamp: The time at which the rates were retrieved.
• base: The base currency for the exchange rates, which is USD in this case.
• date: The date for which the rates are applicable.
• rates: An object containing the exchange rates for various metals.
• unit: The unit of measurement for the rates, typically per troy ounce.

Historical Rates Endpoint

The Historical Rates Endpoint allows users to access historical exchange rates for any date since 1999. Here’s an example response:

{
    "success": true,
    "timestamp": 1762905758,
    "base": "USD",
    "date": "2025-11-12",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

In this response:

• date: The specific date for which the historical rates are provided.
• rates: Contains the historical exchange rates for the specified date.

Time-Series Endpoint

The Time-Series Endpoint allows users to retrieve exchange rates for a specific time period. Here’s an example response:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-11-06",
    "end_date": "2025-11-13",
    "base": "USD",
    "rates": {
        "2025-11-06": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-11-08": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-11-13": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

In this response:

• start_date: The beginning date of the time series.
• end_date: The ending date of the time series.
• rates: An object containing daily rates for each date within the specified range.

Convert Endpoint

The Convert Endpoint allows users to convert amounts from one metal to another or to/from USD. Here’s an example response:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1762992158,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

In this response:

• query: Contains the details of the conversion request, including the source and target metals and the amount to convert.
• info: Provides additional information about the conversion, including the rate used.
• result: The converted amount, which in this case is 0.482 troy ounces of gold.

Fluctuation Endpoint

The Fluctuation Endpoint allows users to track rate fluctuations between two dates. Here’s an example response:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-11-06",
    "end_date": "2025-11-13",
    "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"
}

In this response:

• fluctuation: Indicates whether the fluctuation data is available.
• rates: Contains the start and end rates for each metal, along with the change in value and percentage change over the specified period.

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

The OHLC Price Endpoint provides open, high, low, and close prices for a specific time period. Here’s an example response:

{
    "success": true,
    "timestamp": 1762992158,
    "base": "USD",
    "date": "2025-11-13",
    "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"
}

In this response:

• open: The opening price for the specified date.
• high: The highest price reached during the day.
• low: The lowest price reached during the day.
• close: The closing price for the specified date.

Bid/Ask Endpoint

The Bid/Ask Endpoint provides current bid and ask prices for metals. Here’s an example response:

{
    "success": true,
    "timestamp": 1762992158,
    "base": "USD",
    "date": "2025-11-13",
    "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"
}

In this response:

• bid: The current bid price for the metal.
• ask: The current ask price for the metal.
• spread: The difference between the bid and ask prices, indicating market liquidity.

Practical Use Cases and Integration Strategies

Integrating the Metals-API into your applications can unlock a multitude of possibilities for developers. Here are some practical use cases:

Investment Analysis Tools

Developers can create investment analysis tools that leverage the historical rates and time-series data from the Metals-API. By analyzing past price movements, investors can identify trends and make predictions about future price behavior. This can be particularly useful for traders looking to capitalize on market fluctuations.

Trading Platforms

For those building trading platforms, the Metals-API provides essential real-time data that can be used to inform trading decisions. By integrating the latest rates and bid/ask information, traders can execute trades with confidence, knowing they have access to the most current market data.

Market Research Applications

Market researchers can utilize the Metals-API to gather data for reports and analyses. By accessing historical data and news articles related to metals, researchers can provide valuable insights into market dynamics and trends, helping stakeholders make informed decisions.

Portfolio Management Solutions

Portfolio management applications can benefit from the Metals-API by incorporating real-time pricing data and historical performance metrics. This allows users to track the performance of their investments in precious metals and make adjustments as needed.

Conclusion

In conclusion, the Metals-API is a powerful tool for developers looking to access historical prices and real-time data for precious metals, including Coimbatore Gold 24k. By leveraging its extensive features and endpoints, developers can create innovative applications that enhance trading strategies, investment analysis, and market research. The digital transformation in the precious metals market, driven by technology and data analytics, has opened new avenues for traders and investors alike. For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals.