Retrieve Surat Gold (XAU-SURA) prices for financial reporting using this API
Introduction
In today's rapidly evolving financial landscape, the ability to access real-time data on precious metals is crucial for accurate financial reporting and informed decision-making. One such valuable resource is the Metals-API, which allows developers to retrieve current and historical prices for various metals, including Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD). This blog post will delve into the intricacies of retrieving Surat Gold (XAU-SURA) prices using this innovative API, exploring its features, capabilities, and the transformative potential it offers for financial reporting.
Metals-API Information
About Gold (XAU)
Gold has long been regarded as a safe haven asset, a hedge against inflation, and a store of value. In the context of digital transformation, the trading of Gold is increasingly influenced by technology and data analytics. The integration of advanced technologies in trading platforms has revolutionized how investors access market insights and make decisions. The Metals-API plays a pivotal role in this transformation by providing developers with the tools necessary to build applications that can deliver real-time data and analytics on Gold prices.
With the rise of digital asset solutions, the demand for accurate and timely information on Gold prices has surged. The Metals-API not only facilitates price discovery but also empowers developers to create innovative applications that can analyze market trends, track fluctuations, and provide insights into the Gold market. By leveraging data analytics, developers can build solutions that enhance trading strategies and optimize investment decisions.
API Description
The Metals-API is a powerful tool designed to provide real-time and historical data on precious metals. It offers a wide range of endpoints that cater to various needs, from retrieving the latest rates to accessing historical data and analyzing market fluctuations. This API is particularly beneficial for developers looking to create next-generation applications that require accurate metals data.
For more information on how to get started, visit the Metals-API Documentation. This resource provides comprehensive guidance on utilizing the API effectively, including detailed descriptions of each endpoint and its functionalities.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints, each designed to serve specific purposes. Below are some of the key features and their applications:
Latest Rates Endpoint
The Latest Rates Endpoint allows users to retrieve real-time exchange rate data for various metals. Depending on the subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for developers who need up-to-the-minute pricing information for accurate financial reporting.
{
"success": true,
"timestamp": 1769299704,
"base": "USD",
"date": "2026-01-25",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
Accessing historical rates is crucial for market analysis and trend identification. The Historical Rates Endpoint allows users to query rates dating back to 2019 by appending a specific date to the request. This feature is invaluable for developers looking to analyze past market behavior and make informed predictions about future trends.
{
"success": true,
"timestamp": 1769213304,
"base": "USD",
"date": "2026-01-24",
"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, allowing developers to implement trading strategies based on current market conditions. This feature is particularly useful for applications that require precise pricing information for executing trades.
{
"success": true,
"timestamp": 1769299704,
"base": "USD",
"date": "2026-01-25",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"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 functionality is essential for applications that require currency conversion for trading or reporting purposes.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1769299704,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series Endpoint allows developers to query the API for daily historical rates between two specified dates. This feature is beneficial for analyzing trends over time and understanding how prices fluctuate in response to market events.
{
"success": true,
"timeseries": true,
"start_date": "2026-01-18",
"end_date": "2026-01-25",
"base": "USD",
"rates": {
"2026-01-18": {
"XAU": 0.000485
},
"2026-01-25": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation Endpoint provides information about how metal prices fluctuate on a day-to-day basis. This feature is essential for developers looking to implement analytics that track price changes and assess market volatility.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-18",
"end_date": "2026-01-25",
"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 make informed decisions based on historical price movements.
{
"success": true,
"timestamp": 1769299704,
"base": "USD",
"date": "2026-01-25",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}Lowest/Highest Price Endpoint
The Lowest/Highest Price Endpoint allows users to query the API for the lowest and highest prices within a specified date range. This feature is particularly useful for identifying price extremes and assessing market trends.
{
"success": true,
"timestamp": 1769299704,
"base": "USD",
"date": "2026-01-25",
"rates": {
"XAU": {
"lowest": 0.000481,
"highest": 0.000487
}
},
"unit": "per troy ounce"
}API Key and Response
To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and ensures secure access to the API's features. The API responses are delivered in JSON format, with exchange rates typically relative to USD.
Supported Symbols Endpoint
The Supported Symbols Endpoint provides a constantly updated list of all available currencies and metals. This feature is crucial for developers to ensure they are using the correct symbols in their API requests. For a complete list of supported symbols, refer to the Metals-API Supported Symbols.
News Endpoint
The News Endpoint allows users to retrieve the latest news articles related to various metals. This feature is beneficial for developers looking to integrate market news into their applications, providing users with timely information that can influence trading decisions.
Conclusion
The Metals-API is a powerful resource for developers seeking to access real-time and historical data on precious metals, including Gold (XAU). By leveraging its various endpoints, developers can create innovative applications that enhance financial reporting, trading strategies, and market analysis. The API's capabilities, including the Latest Rates, Historical Rates, and Fluctuation endpoints, empower users to make informed decisions based on accurate data.
For more information on how to implement the Metals-API in your applications, visit the Metals-API Website and explore the extensive Metals-API Documentation. By utilizing these resources, developers can unlock the full potential of real-time metals data and drive innovation in the financial sector.