Retrieve Coimbatore Gold 24k (COIM-24k) Historical Prices using Metals-API

Retrieve Coimbatore Gold 24k (COIM-24k) Historical Prices using Metals-API
In today's fast-paced financial landscape, the demand for accurate and timely data on precious metals, particularly gold, is paramount. For developers and traders alike, the ability to retrieve historical prices for Coimbatore Gold 24k (COIM-24k) is essential for making informed decisions. This blog post will delve into the capabilities of the Metals-API, focusing on how to access historical prices and other valuable data related to gold and other precious metals.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, is one of the most sought-after precious metals in the world. Its value is influenced by various factors, including market demand, geopolitical stability, and economic indicators. The digital transformation in precious metals trading has led to the integration of advanced technologies that facilitate real-time data analytics and market insights. This transformation is not just about trading; it encompasses the entire ecosystem of precious metals, from mining to investment.
With the advent of data analytics, traders can now gain insights into market trends, price fluctuations, and historical data, enabling them to make informed decisions. The integration of technology in trading platforms allows for innovation in price discovery, providing users with the tools they need to navigate the complexities of the metals market. Furthermore, digital asset solutions are emerging, allowing for seamless transactions and enhanced security in trading precious metals.
API Description
The Metals-API is a powerful tool that provides developers with access to real-time and historical data on various metals, including gold. This API empowers developers to build next-generation applications that can leverage real-time metals data for trading, analysis, and reporting. With its robust capabilities, Metals-API is at the forefront of technological advancement in the precious metals market.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the subscription plan. This ensures that users have access to the most current information, which is crucial for making timely trading decisions. Additionally, the API offers a comprehensive range of endpoints that cater to various needs, from retrieving the latest rates to accessing historical data dating back to 2019.
Key Features and Endpoints
The Metals-API provides a variety of endpoints that serve different purposes, each designed to enhance the user experience and provide valuable insights into the metals market. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay updated on 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 call, developers can retrieve historical prices for gold and other metals, making it easier to analyze trends over time.
- Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint that allows users to convert any amount from one currency to another, facilitating seamless transactions.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, providing a comprehensive view of price movements over time.
- Fluctuation Endpoint: Users can track how currencies fluctuate on a day-to-day basis, which is crucial for understanding market volatility and making informed trading decisions.
- Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, catering to specific market needs.
- Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, providing insights into market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides users with open, high, low, and close prices for a specific date, essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for in-depth analysis of market trends.
- API Key: Each user is assigned a unique API key that must be included in API requests, ensuring secure access to the data.
- 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 offers a constantly updated endpoint returning all available currencies and metals, ensuring users have access to the latest information.
- Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold price in India, catering to regional market needs.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.
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.
API Endpoint Examples and Responses
Understanding the API responses is crucial for developers looking to implement the Metals-API effectively. Below are examples of various endpoints and their corresponding JSON responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1745208091,
"base": "USD",
"date": "2025-04-21",
"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"
}
This response indicates that the API successfully retrieved the latest rates for various metals, with XAU (Gold) priced at 0.000482 per troy ounce.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1745121691,
"base": "USD",
"date": "2025-04-20",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows a successful retrieval of historical rates for a specific date, allowing users to analyze past price movements.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-04-14",
"end_date": "2025-04-21",
"base": "USD",
"rates": {
"2025-04-14": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-16": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-21": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time-series view of gold prices over a specified period, enabling users to track trends and fluctuations.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1745208091,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example illustrates how to convert an amount from USD to gold (XAU), providing the user with the equivalent value in troy ounces.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-14",
"end_date": "2025-04-21",
"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 details the fluctuations in gold prices over a specified period, providing insights into market volatility.
OHLC (Open/High/Low/Close) Endpoint
{
"success": true,
"timestamp": 1745208091,
"base": "USD",
"date": "2025-04-21",
"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 response provides open, high, low, and close prices for gold, which are essential for technical analysis and trading strategies.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1745208091,
"base": "USD",
"date": "2025-04-21",
"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"
}
This example shows the current bid and ask prices for gold, providing traders with critical information about market conditions.
Conclusion
The Metals-API is an invaluable resource for developers and traders looking to access real-time and historical data on precious metals, particularly gold. With its extensive range of endpoints, users can retrieve the latest rates, historical prices, and detailed market insights that are essential for informed decision-making. The ability to track fluctuations, convert currencies, and analyze price trends empowers users to navigate the complexities of the metals market effectively.
For those interested in integrating the Metals-API into their applications, the comprehensive Metals-API Documentation provides detailed guidance on implementation, including endpoint descriptions, parameter specifications, and example responses. Additionally, the Metals-API Supported Symbols page offers a complete list of available symbols, ensuring users have access to the latest information.
In conclusion, the Metals-API stands at the forefront of technological advancement in the precious metals market, offering developers the tools they need to build innovative applications that leverage real-time data. Whether you are a trader, analyst, or developer, the Metals-API is your gateway to unlocking the potential of precious metals data.