Query Hyderabad Gold (XAU-HYDE) Historical Prices with this API

In the ever-evolving landscape of precious metals trading, the ability to access historical prices for Gold (XAU) is crucial for investors, traders, and developers alike. The Metals-API provides a robust solution for querying historical prices, enabling users to harness the power of real-time data analytics and market insights. This blog post delves into the transformative potential of the Metals-API, focusing on how it empowers developers to build next-generation applications that integrate seamlessly with the digital transformation of precious metals.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As the world shifts towards digital solutions, the integration of technology in trading and price discovery has become paramount. The digital transformation in precious metals trading is not just about convenience; it’s about leveraging data analytics to gain market insights that were previously unattainable.

With the rise of digital asset solutions, investors can now access real-time data that informs their trading strategies. The Metals-API stands at the forefront of this innovation, providing developers with the tools necessary to create applications that can analyze historical price trends, monitor fluctuations, and even convert currencies with ease.

Metals-API Capabilities

The Metals-API is designed to provide comprehensive access to metal prices, including Gold, Silver, Platinum, and Palladium. Its capabilities extend beyond mere price retrieval; it offers a suite of endpoints that allow for detailed analysis and integration into various applications. The API is built with a focus on innovation and technological advancement, making it an essential tool for developers looking to harness the power of metals data.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API's latest rates endpoint can return updated data every 60 minutes, every 10 minutes, or even more frequently. This ensures that users have access to the most current market information, which is vital for making informed trading decisions.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, making it a versatile tool for developers:

Latest Rates Endpoint: This endpoint provides real-time exchange rates for all available metals. For example, querying this endpoint might return a JSON response like:

{
"success": true,
"timestamp": 1768004172,
"base": "USD",
"date": "2026-01-10",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API call. This feature is particularly useful for analyzing price trends over time. A typical response might look like this:

{
"success": true,
"timestamp": 1767917772,
"base": "USD",
"date": "2026-01-09",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity. A sample response might include:

{
"success": true,
"timestamp": 1768004172,
"base": "USD",
"date": "2026-01-10",
"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: This endpoint allows for currency conversion between metals and USD, making it easy to calculate the value of investments. For instance:

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1768004172,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Time-Series Endpoint: This feature allows users to query daily historical rates between two dates, providing a comprehensive view of price movements over time. A response might look like this:

{
"success": true,
"timeseries": true,
"start_date": "2026-01-03",
"end_date": "2026-01-10",
"base": "USD",
"rates": {
"2026-01-03": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-01-05": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-01-10": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}

Fluctuation Endpoint: This endpoint tracks rate fluctuations between two dates, allowing users to understand market volatility. A typical response might include:

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-03",
"end_date": "2026-01-10",
"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: This endpoint provides detailed price data for a specific time period, including open, high, low, and close prices. An example response could be:

{
"success": true,
"timestamp": 1768004172,
"base": "USD",
"date": "2026-01-10",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}

Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates dating back to 2008, allowing for extensive market analysis.

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 authentication and ensures that only authorized users can access the data. Developers should keep their API keys secure and avoid exposing them in public repositories.

Performance Considerations

When integrating the Metals-API into applications, developers should consider performance optimization strategies. This includes implementing caching mechanisms to reduce the number of API calls and improve response times. Additionally, understanding rate limits and quota management is crucial for maintaining application stability and performance.

Common Pitfalls and Troubleshooting

While working with the Metals-API, developers may encounter common issues such as authentication errors, rate limit exceedances, or unexpected response formats. It’s important to implement robust error handling and recovery strategies to address these challenges effectively. For instance, checking the API response for success flags and handling errors gracefully can enhance user experience.

Conclusion

The Metals-API represents a significant advancement in the way developers can access and utilize historical prices for Gold (XAU) and other precious metals. By leveraging its comprehensive suite of endpoints, developers can create powerful applications that provide real-time insights and analytics. Whether you are looking to track price fluctuations, convert currencies, or analyze historical trends, the Metals-API offers the tools necessary to succeed in the dynamic world of metals trading.

For more information on how to get started with the Metals-API, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metal symbols. Embrace the future of trading with the innovative capabilities of the Metals-API.

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Query Hyderabad Gold (XAU-HYDE) Historical Prices with this API