Retrieve Bangalore Gold (XAU-BANG) - Per Ounce market data through this API

In the ever-evolving landscape of precious metals trading, the ability to retrieve accurate and real-time market data is paramount for developers and traders alike. One such valuable resource is the Retrieve Bangalore Gold (XAU-BANG) market data, which can be accessed through the innovative Metals-API. This API provides a comprehensive suite of tools for obtaining up-to-date information about gold and other metals, empowering developers to create next-generation applications that leverage real-time data analytics and insights.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of financial markets. Its value is influenced by various factors, including economic stability, inflation rates, and geopolitical events. In recent years, the digital transformation of precious metals trading has opened new avenues for data analytics and market insights. With the integration of technology in trading, the process of price discovery has become more efficient, allowing traders to make informed decisions based on real-time data.

The Metals-API plays a crucial role in this transformation by providing developers with the tools needed to access and analyze gold market data. By harnessing the power of data analytics, traders can gain insights into market trends, optimize their trading strategies, and ultimately enhance their profitability. The API's capabilities extend beyond mere data retrieval; it enables the creation of digital asset solutions that can adapt to the dynamic nature of the metals market.

API Description

The Metals-API is designed to deliver real-time metals data, allowing developers to build applications that can respond to market changes instantaneously. With its robust architecture, the API supports a variety of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data and performing currency conversions.

One of the standout features of the Metals-API is its ability to provide real-time exchange rate data. Depending on the subscription plan, users can receive updates every 60 minutes or even every 10 minutes, ensuring they have the most current information at their fingertips. This capability is essential for traders who rely on timely data to make quick decisions in a fast-paced market.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to fulfill specific data retrieval needs:

Latest Rates Endpoint

The Latest Rates Endpoint allows users to obtain real-time exchange rates for all available metals, including gold, silver, platinum, and palladium. This endpoint is particularly useful for traders who need to monitor price fluctuations throughout the day. For example, a typical response from this endpoint might look like this:

{
    "success": true,
    "timestamp": 1748574157,
    "base": "USD",
    "date": "2025-05-30",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

In this response, the rates field provides the current value of gold (XAU) in relation to USD, allowing traders to assess the market at a glance.

Historical Rates Endpoint

For those interested in analyzing past market trends, the Historical Rates Endpoint offers access to exchange rates dating back to 2019. This feature is invaluable for conducting technical analysis and understanding how market conditions have evolved over time. A typical response might look like this:

{
    "success": true,
    "timestamp": 1748487757,
    "base": "USD",
    "date": "2025-05-29",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

Here, the date field indicates the specific day for which the rates are provided, allowing users to track historical performance.

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. A sample response might include:

{
    "success": true,
    "timestamp": 1748574157,
    "base": "USD",
    "date": "2025-05-30",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

The spread field indicates the difference between the bid and ask prices, which can be a critical factor in determining trading strategies.

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders who deal with multiple currencies and need to quickly assess their positions. For example:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1748574157,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response shows how much gold can be purchased with a specified amount of USD, providing immediate insight into purchasing power.

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two dates of their choice. This is essential for analyzing trends over specific periods. A typical response might look like this:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-23",
    "end_date": "2025-05-30",
    "base": "USD",
    "rates": {
        "2025-05-23": {
            "XAU": 0.000485
        },
        "2025-05-30": {
            "XAU": 0.000482
        }
    },
    "unit": "per troy ounce"
}

This endpoint allows traders to visualize how gold prices have changed over time, aiding in strategic decision-making.

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This is particularly useful for traders looking to understand market volatility. A sample response might look like this:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-23",
    "end_date": "2025-05-30",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

Understanding fluctuations can help traders anticipate market movements and adjust their strategies accordingly.

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

The OHLC Price Endpoint allows users to query the API for the open, high, low, and close prices for a specific time period. This data is crucial for technical analysis. A typical response might look like this:

{
    "success": true,
    "timestamp": 1748574157,
    "base": "USD",
    "date": "2025-05-30",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

This data allows traders to analyze price movements and make informed decisions based on market trends.

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 interested in long-term trends and historical performance. The response format is similar to other endpoints, providing a comprehensive view of past market conditions.

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 metals into their applications.

Conclusion

The Retrieve Bangalore Gold (XAU-BANG) market data through the Metals-API represents a significant advancement in the way traders and developers access and utilize precious metals data. By leveraging the API's extensive features, including real-time rates, historical data, and conversion capabilities, users can enhance their trading strategies and make informed decisions based on accurate market insights.

As the digital transformation of the metals market continues, the importance of integrating technology and data analytics cannot be overstated. The Metals-API empowers developers to build innovative applications that can adapt to the ever-changing landscape of precious metals trading. For more information on how to implement these features, refer to the Metals-API Documentation, which provides comprehensive guidance on utilizing the API effectively.