Obtain Bangalore Gold 24k (BANG-24k) Historical Prices from this API

Introduction

In the ever-evolving landscape of precious metals trading, obtaining accurate and timely data is crucial for making informed decisions. For developers and traders interested in the historical prices of gold, specifically Bangalore Gold 24k (BANG-24k), the Metals-API offers a robust solution. This API provides access to a wealth of information, including real-time and historical data, enabling users to harness the power of data analytics and technology integration in their trading strategies.

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 opened new avenues for trading and investment. The integration of technology in trading platforms has revolutionized how traders access market insights and make decisions. With the rise of data analytics, traders can now analyze historical trends, price fluctuations, and market behaviors to optimize their trading strategies.

The innovation in price discovery mechanisms has also been significant. Traditional methods of determining gold prices are being supplemented with real-time data from APIs like Metals-API, which empowers developers to create next-generation applications that can respond to market changes instantaneously. Furthermore, digital asset solutions are becoming increasingly popular, allowing for seamless transactions and enhanced security in trading.

Metals-API Overview

The Metals-API is designed to provide developers with comprehensive access to metals prices and currency conversion. It offers a variety of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data. This API is particularly valuable for those looking to build applications that require real-time metals data, enabling them to stay ahead in the competitive trading environment.

One of the standout features of Metals-API is its ability to deliver real-time exchange rate data. Depending on the subscription plan, users can receive updates every 60 minutes, every 10 minutes, or even more frequently. This flexibility allows developers to tailor their applications to meet specific requirements, ensuring that they always have the most current data at their fingertips.

Key Features and Endpoints

The Metals-API offers a wide range of endpoints, each designed to provide specific functionalities that enhance the user experience. Below, we explore some of the most important endpoints and their applications:

Latest Rates Endpoint

The Latest Rates Endpoint allows users to access real-time exchange rates for all available metals. This endpoint is essential for traders who need to make quick decisions based on the most current market data.

{
    "success": true,
    "timestamp": 1749171899,
    "base": "USD",
    "date": "2025-06-06",
    "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, the "rates" object provides the current exchange rates for various metals, allowing traders to quickly assess the market.

Historical Rates Endpoint

For those interested in analyzing trends over time, the Historical Rates Endpoint is invaluable. Users can query historical rates dating back to 2019 by appending a specific date to the API call.

{
    "success": true,
    "timestamp": 1749085499,
    "base": "USD",
    "date": "2025-06-05",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint is particularly useful for conducting historical analysis and understanding price movements over time.

Bid and Ask Endpoint

The Bid and Ask Endpoint provides real-time bid and ask prices for metals, which is crucial for traders looking to execute trades at optimal prices.

{
    "success": true,
    "timestamp": 1749171899,
    "base": "USD",
    "date": "2025-06-06",
    "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"
}

The "spread" indicates the difference between the bid and ask prices, which is a critical factor for traders when determining the cost of executing trades.

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 with multiple metals and need to quickly assess their values in different currencies.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749171899,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response shows how much 1000 USD is worth in troy ounces of gold, providing a quick reference for traders.

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This is particularly useful for analyzing trends and making predictions based on historical data.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-30",
    "end_date": "2025-06-06",
    "base": "USD",
    "rates": {
        "2025-05-30": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-01": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-06": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This endpoint provides a comprehensive view of how prices have changed over a specified period, allowing traders to identify patterns and make informed decisions.

Fluctuation Endpoint

The Fluctuation Endpoint enables users to track rate fluctuations between two dates. This is particularly useful for understanding market volatility and making strategic trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-30",
    "end_date": "2025-06-06",
    "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"
}

This response provides insights into how prices have changed over the specified period, including both absolute and percentage changes.

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

The OHLC Price Endpoint allows users to retrieve open, high, low, and close prices for a specific time period. This data is essential for traders who rely on candlestick patterns and other technical analysis tools.

{
    "success": true,
    "timestamp": 1749171899,
    "base": "USD",
    "date": "2025-06-06",
    "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"
}

This endpoint provides critical data for traders looking to analyze price movements and make predictions based on historical performance.

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This is particularly useful for traders dealing with industrial metals and seeking long-term trends.

By utilizing this endpoint, traders can access valuable historical data that can inform their trading strategies and investment decisions.

Authentication and API Key

To access the Metals-API, users must obtain an API key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authenticating requests and ensuring that users have the appropriate permissions to access the data they need.

Proper management of the API key is crucial for maintaining security and preventing unauthorized access. Developers should implement best practices for storing and using the API key, such as avoiding hardcoding it in client-side applications.

Performance Optimization and Rate Limiting

Metals-API implements rate limiting to ensure fair usage and maintain performance. Developers should be aware of their subscription plan's limits and optimize their API calls accordingly. This can involve caching responses, batching requests, and minimizing unnecessary calls to the API.

Performance optimization strategies can also include using the appropriate endpoints for specific use cases. For example, if a user only needs the latest rates, they should utilize the Latest Rates Endpoint rather than querying historical data.

Common Pitfalls and Troubleshooting

When working with the Metals-API, developers may encounter common pitfalls such as:

• Incorrectly formatted API requests, which can lead to errors in responses.
• Exceeding rate limits, resulting in temporary access restrictions.
• Failure to handle API responses properly, leading to missed opportunities for data analysis.

To troubleshoot these issues, developers should refer to the Metals-API Documentation for guidance on proper request formatting, error handling, and best practices for managing API calls.

Conclusion

The Metals-API provides a powerful tool for developers and traders looking to access historical prices for Bangalore Gold 24k (BANG-24k) and other precious metals. By leveraging the API's extensive features, including real-time rates, historical data, and advanced analytics, users can enhance their trading strategies and make informed decisions.

As the digital transformation in precious metals continues to evolve, APIs like Metals-API will play a crucial role in shaping the future of trading. By embracing technology and data analytics, traders can gain a competitive edge and navigate the complexities of the market with confidence.

For more information on the available symbols, visit the Metals-API Supported Symbols page. Whether you are a seasoned trader or a developer looking to integrate metals data into your applications, the Metals-API is an invaluable resource for accessing the information you need.