Retrieve Pondicherry Gold 24k (POND-24k) Historical Prices Using Metals-API
Retrieve Pondicherry Gold 24k (POND-24k) Historical Prices Using Metals-API
In the ever-evolving landscape of precious metals trading, the ability to access historical prices for gold, particularly 24k gold like Pondicherry Gold (POND-24k), is crucial for investors, traders, and developers alike. The Metals-API provides a robust platform for retrieving real-time and historical data on various metals, including gold. This blog post will delve into the capabilities of Metals-API, focusing on how to effectively retrieve historical prices for POND-24k and explore the transformative potential of this API in the context of digital transformation in precious metals trading.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. In recent years, the digital transformation of precious metals has opened new avenues for trading and investment. With the integration of data analytics and market insights, traders can now make informed decisions based on real-time data. The innovation in price discovery mechanisms has also been enhanced by technology, allowing for more accurate and timely information dissemination.
As the demand for digital asset solutions grows, the need for reliable data sources becomes paramount. Metals-API stands out as a leader in providing comprehensive data on precious metals, including gold. By leveraging this API, developers can build next-generation applications that utilize real-time metals data, enhancing the trading experience and providing valuable insights into market trends.
API Description
The Metals-API is a powerful tool that empowers developers to access real-time and historical data for various metals. With its user-friendly interface and extensive documentation, the API allows for seamless integration into applications. The API supports multiple endpoints that cater to different data needs, making it a versatile solution for developers looking to enhance their applications with metals data.
For detailed information on how to use the API, you can refer to the Metals-API Documentation. This resource provides comprehensive guidance on the various endpoints available, including their functionalities and usage examples.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that can be utilized to retrieve different types of data. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This endpoint is essential for traders who need up-to-the-minute pricing information.
{
"success": true,
"timestamp": 1744178417,
"base": "USD",
"date": "2025-04-09",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
For those interested in analyzing trends over time, the Historical Rates endpoint allows users to access historical exchange rates dating back to 2019. By appending a specific date to the API call, developers can retrieve past pricing data, which is invaluable for market analysis and forecasting.
{
"success": true,
"timestamp": 1744092017,
"base": "USD",
"date": "2025-04-08",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}Bid and Ask Endpoint
The Bid and Ask endpoint provides real-time bid and ask prices for metals, allowing traders to make informed decisions based on current market conditions. This feature is particularly useful for those looking to execute trades at optimal prices.
{
"success": true,
"timestamp": 1744178417,
"base": "USD",
"date": "2025-04-09",
"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": 1744178417,
"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 is particularly useful for analyzing price movements over specific periods, enabling traders to identify trends and make informed decisions.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-02",
"end_date": "2025-04-09",
"base": "USD",
"rates": {
"2025-04-02": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-04-04": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-04-09": {
"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 data is essential for traders looking to understand market volatility and make strategic trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-02",
"end_date": "2025-04-09",
"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 endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on technical analysis to make trading decisions.
{
"success": true,
"timestamp": 1744178417,
"base": "USD",
"date": "2025-04-09",
"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 those involved in trading metals on the London Metal Exchange.
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 understand the various metals available for trading.
Conclusion
In conclusion, the Metals-API offers a powerful suite of tools for developers and traders looking to access real-time and historical data for precious metals like Pondicherry Gold (POND-24k). With features such as the Latest Rates, Historical Rates, and various conversion endpoints, the API provides a comprehensive solution for integrating metals data into applications. The digital transformation in precious metals trading is well-supported by the capabilities of Metals-API, enabling developers to create innovative solutions that enhance trading experiences and provide valuable market insights.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive documentation available. By leveraging the capabilities of this API, you can unlock the full potential of precious metals trading and data analytics.