Obtain Chennai Gold (XAU-CHEN) Historical Prices using this API
In the ever-evolving landscape of financial technology, the demand for accurate and real-time data on precious metals has surged. One of the most sought-after assets in this domain is Gold, represented by the symbol XAU. For developers and financial analysts looking to obtain historical prices of Chennai Gold (XAU-CHEN), the Metals-API offers a robust solution. This blog post will delve into the capabilities of the Metals-API, exploring how it empowers users to access historical prices and other vital data related to Gold.
About Gold (XAU)
Gold has long been a symbol of wealth and stability, serving as a hedge against inflation and economic uncertainty. In recent years, the digital transformation of precious metals trading has revolutionized how investors and traders access market data. The integration of data analytics and technology into trading platforms has enabled market participants to gain deeper insights into price movements and trends.
With the rise of digital asset solutions, Gold is no longer just a physical commodity; it has become a digital asset that can be traded and analyzed in real-time. The Metals-API plays a crucial role in this transformation by providing developers with the tools they need to build next-generation applications that leverage real-time metals data.
Metals-API Overview
The Metals-API is a powerful JSON API that provides access to real-time and historical prices for various metals, including Gold (XAU). It is designed to cater to the needs of developers, traders, and financial analysts who require accurate and timely data for their applications. The API offers a wide range of endpoints that allow users to retrieve the latest rates, historical prices, conversion rates, and much more.
For more detailed information, you can visit the Metals-API Website or check out the Metals-API Documentation.
Key Features of Metals-API
The Metals-API boasts several key features that make it an invaluable resource for anyone interested in precious metals trading. Here are some of the most notable endpoints and their functionalities:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for various 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 traders who need to make quick decisions based on the latest market data.
{
"success": true,
"timestamp": 1768609078,
"base": "USD",
"date": "2026-01-17",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
The Historical Rates Endpoint allows users to access historical exchange rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data, which is crucial for trend analysis and market research.
{
"success": true,
"timestamp": 1768522678,
"base": "USD",
"date": "2026-01-16",
"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, which is crucial for traders looking to execute orders at the best possible prices. This feature enhances trading strategies by allowing users to gauge market sentiment and make informed decisions.
{
"success": true,
"timestamp": 1768609078,
"base": "USD",
"date": "2026-01-17",
"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 traders who need to quickly assess the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1768609078,
"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 invaluable for conducting in-depth analyses of price movements over time.
{
"success": true,
"timeseries": true,
"start_date": "2026-01-10",
"end_date": "2026-01-17",
"base": "USD",
"rates": {
"2026-01-10": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-01-12": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-01-17": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is essential for traders looking to understand market volatility and make informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-10",
"end_date": "2026-01-17",
"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 retrieve the open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and helps traders identify trends and potential reversal points.
{
"success": true,
"timestamp": 1768609078,
"base": "USD",
"date": "2026-01-17",
"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 users interested in the London Metal Exchange prices.
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 necessary permissions to access the data.
Common Use Cases
Developers can leverage the Metals-API in various applications, including:
- Building trading platforms that require real-time price data.
- Creating financial analysis tools that utilize historical price data for trend analysis.
- Developing mobile applications that provide users with up-to-date information on precious metals.
Performance Optimization and Security Best Practices
When integrating the Metals-API into applications, developers should consider performance optimization techniques, such as caching frequently accessed data to reduce API calls. Additionally, implementing security best practices, such as validating input data and handling errors gracefully, is crucial for maintaining the integrity of the application.
Conclusion
The Metals-API is a powerful tool for developers and financial analysts seeking to access historical prices and real-time data for Gold and other precious metals. With its extensive range of endpoints, the API empowers users to build innovative applications that leverage accurate and timely market data. By understanding the capabilities of the Metals-API, developers can create solutions that enhance trading strategies, improve market analysis, and ultimately drive better investment decisions.
For more information on the available symbols, visit the Metals-API Supported Symbols page. By harnessing the power of the Metals-API, you can stay ahead in the dynamic world of precious metals trading.