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Retrieve USCF Gold Strategy Plus Income Fund (GLDX) Historical Prices through this API

Retrieve USCF Gold Strategy Plus Income Fund (GLDX) Historical Prices through this API

Retrieve USCF Gold Strategy Plus Income Fund (GLDX) Historical Prices through this API

Retrieve USCF Gold Strategy Plus Income Fund (GLDX) Historical Prices through this API

The USCF Gold Strategy Plus Income Fund (GLDX) is an innovative investment vehicle that focuses on providing exposure to gold and other precious metals. For developers and financial analysts looking to retrieve historical prices for GLDX, the Metals-API offers a powerful solution. This blog post will explore how to effectively utilize the Metals-API to access historical prices, particularly focusing on gold (XAU), and delve into the broader implications of digital transformation in the precious metals market.

About Gold (XAU)

Gold has long been regarded as a safe haven asset, especially during times of economic uncertainty. The digital transformation in the precious metals market has revolutionized how investors and traders interact with gold. With the advent of advanced data analytics and market insights, stakeholders can now make informed decisions based on real-time data. The integration of technology in trading has led to innovative price discovery mechanisms, allowing for more accurate and timely valuations of gold.

Moreover, the rise of digital asset solutions has further enhanced the accessibility of gold investments. Investors can now trade gold in various forms, including ETFs, futures, and digital tokens, all of which are supported by robust data infrastructures. This shift not only democratizes access to gold but also enables a more dynamic trading environment.

Metals-API Overview

The Metals-API is a comprehensive JSON API that provides real-time and historical data on precious metals, including gold (XAU). It empowers developers to build next-generation applications that require accurate and timely metals data. With its extensive capabilities, the Metals-API allows users to retrieve various types of information, including current rates, historical prices, and fluctuations over time.

For more information, you can visit the Metals-API Website or check the Metals-API Documentation for detailed guidance on implementation.

Key Features of Metals-API

The Metals-API offers a range of endpoints that cater to different data needs. 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, 10 minutes, or even more frequently. This feature is crucial for traders who need up-to-the-minute information on gold prices.
  • Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical prices for gold, enabling them to analyze trends over time.
  • Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for gold and other metals. Understanding the bid-ask spread is essential for traders looking to optimize their entry and exit points.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint that allows users to convert any amount from one metal to another or to/from USD. This is particularly useful for investors dealing with multiple currencies.
  • Time-Series Endpoint: This endpoint enables users to query the API for daily historical rates between two dates of their choice. It is ideal for conducting in-depth analyses of price movements over specific periods.
  • Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
  • Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, which is essential for jewelers and consumers interested in purchasing gold jewelry.
  • Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for gold over a specified period, which is useful for identifying market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for gold, allowing traders to analyze market performance comprehensively.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is beneficial for those tracking industrial metals.
  • API Key: Users must pass their unique API key into the API base URL's access_key parameter to authenticate their requests.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Supported Symbols Endpoint: This endpoint returns all available currencies and metals, providing users with a comprehensive list of symbols they can query.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for investors in the Indian market.
  • News Endpoint: Stay updated with the latest news articles related to various metals, helping users make informed decisions based on current events.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various endpoints and their expected responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1748149216,
    "base": "USD",
    "date": "2025-05-25",
    "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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1748062816,
    "base": "USD",
    "date": "2025-05-24",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-18",
    "end_date": "2025-05-25",
    "base": "USD",
    "rates": {
        "2025-05-18": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-20": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-25": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1748149216,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-18",
    "end_date": "2025-05-25",
    "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"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1748149216,
    "base": "USD",
    "date": "2025-05-25",
    "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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1748149216,
    "base": "USD",
    "date": "2025-05-25",
    "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"
}

Conclusion

In conclusion, the Metals-API provides a robust framework for developers and analysts looking to access historical prices for the USCF Gold Strategy Plus Income Fund (GLDX) and other precious metals. By leveraging the various endpoints offered by the API, users can gain valuable insights into market trends, fluctuations, and price movements. The integration of advanced technology and data analytics in the precious metals market has transformed how investors interact with gold, making it more accessible and actionable than ever before.

For further exploration, be sure to check the Metals-API Supported Symbols page for a comprehensive list of available metals and currencies. With the right tools and data, you can harness the power of the Metals-API to enhance your trading strategies and investment decisions.

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